After months of outflows and market uncertainty, Solana capital inflows are finally back in the green. According to Glassnode, Solana’s 30-day realized cap inflows have turned positive, growing by 4–5%—matching XRP’s growth rate.

This key shift suggests that investor interest in Solana is returning, potentially marking the beginning of a new bullish cycle.
Why This Inflow Matters
Positive capital inflows usually reflect rising confidence from both retail and institutional investors. For Solana, which has struggled with volatility in recent months, this could mean growing momentum and renewed market attention.
Institutional Moves Fuel Optimism
In parallel, DeFi Development Corp. recently made its largest Solana purchase to date—acquiring $23.6 million in SOL. The company now holds around 596,000 SOL, valued at over $102 million, which is currently being staked.
At the same time, VanEck introduced VBILL, a tokenized U.S. Treasury fund deployed on multiple chains, including Solana. This solidifies Solana’s relevance in the real-world asset (RWA) tokenization space.
Although the SEC delayed a decision on Grayscale’s proposed spot Solana ETF until October 2025, the delay does little to slow rising institutional attention on the network.
Technical Analysis: What’s Next for SOL?
As of writing, SOL trades at $169.23, down 6% in the past 24 hours. Still, it’s up 10% over the week—a strong sign of recovery.

On the daily chart:
- Immediate support: $163.53 (Fib 1.618)
- Next resistance: $177.20 (Fib 2.618)
- Upside targets: $190.87 and $199.32
- Further support if $163.53 breaks: $155.08 and $149
Meanwhile, RSI stands at 60.19, indicating healthy momentum. The drop from overbought levels suggests a cooldown phase, but the bullish trend is intact. A bounce from here could trigger another price rally.

Final Thoughts
Solana’s recent capital inflow reversal, combined with major institutional activity, is a strong signal that confidence is returning. With technicals still showing strength and new use cases emerging, Solana may be gearing up for a breakout in the months ahead.