Recently, Solana's performance has been quite impressive.

The US spot SOL ETF has maintained a net inflow for 10 consecutive days, with a total fund size reaching 342 million USD—this persistence indicates that it is not a short-term speculation. Interestingly, SoFi has allowed users to trade SOL directly through checking accounts, which means that traditional financial channels and the retail market are both opening up in sync.

There are also movements on this side of Asia: Hong Kong has approved the first SOL ETF, and global buying channels are gradually being established. On the institutional level, DFDV recently added $65 million to its sOL holdings, and the CEO of Phantom has publicly reaffirmed the long-term commitment to the ecosystem.

From the perspective of capital flow and institutional layout, the Solana ecosystem is experiencing a relatively solid growth cycle. When institutional funds and retail demand resonate, significant market fluctuations often occur. The combination of the tokenization craze and the entry of traditional finance is worth ongoing observation.