Whale Accumulates 49,165 SOL As Institutions Seize Market Dip, Staking Ignites Solana ETF Boom

SOL, a native token of the Solana network, is witnessing renewed user interest, and this time, smart money is flowing in. Data shared by market analyst Onchain Lens revealed that today, a whale withdrew 49,165 Solana tokens (worth $7 million) from the OKX exchange and sent them for staking. The time of the asset accumulation aligns with a gradual rise in SOL price as the token rose by 3.1% today, meaning buyers are slowly entering the market.

As per the analyst’s data, this whale has staked 761,405 SOL tokens valued at $117.97 million since August 22, 2025. Currently, the staked tokens are worth $109.48 million, a loss of $8.45 million due to Solana’s recent price dip. SOL traded at an average price of $206 in late August compared to the current price of $142.26.

Institutional Interest in Staking Drive Solana ETFs Inflows

The whale’s action to amass additional SOL tokens signals that institutional wallets are accumulating Solana for liquid staking and treasury positioning. On-chain data shows that SOL staking rewards are attracting institutional interest in Solana ETFs. 

Despite SOL’s value currently down 38.7% since the $197.60 mark noted on October 27 (a month ago), Solana ETFs continue to record significant investment inflows. On-chain metrics indicate that SOL ETFs have maintained extraordinary capital inflows over the past 20 days. So far, the funds have pulled in $568 million in investments since their establishment on October 28, 2025, with Bitwise’s BSOL accounting for 89% of such inflows.

These events indicate rising demand for the asset’s exposure as the wider cryptocurrency market continues to grapple with uncertainties triggered by an interplay of geopolitical, technological, and economic factors. The increased appetite in Solana ETFs is partly due to their staking features that allow investors’ money to earn rewards by supporting the blockchain’s network operations and security. These advanced offerings set Solana ETFs apart from Bitcoin and Ethereum ETFs, which don’t provide such similar yield opportunities.

Solana Price Bounces Back Above $140

Solana price is stabilizing, partly boosted by heightened ETF accumulation. Today, SOL saw a 3.1% increase over the past 24 hours, making its price currently stand at $142.26. This means SOL is back, currently trading above $140, as the altcoin gained momentum fueled by increased capital inflows into Solana ETFs amid recovery in the wider crypto market. 

Since last week, SOL has rebounded from $121.7 to the current $142 level, recording a gain of 16.6%. The rise has followed a larger bounce back in most crypto assets, with Bitcoin recovering from last week’s low of $80,000 to the current $91,610 level, and multiple altcoins printing green.