Solana Price Surge: Institutional Demand Skyrockets – Is $1,000 SOL the Next Stop?

Solana's institutional adoption hits record highs as traders bet big on a four-digit future.

Wall Street's crypto crush gets serious

While traditional finance still pretends to 'understand blockchain,' their checkbooks tell a different story. SOL's infrastructure—once dismissed as 'just another Ethereum competitor'—now clears more institutional desks than golf courses during bonus season.

The $1,000 question

Market makers aren't just dipping toes—they're diving headfirst. With SOL's speed and (relative) stability, even the most crypto-averse fund managers are quietly allocating. 'Hedging' they call it. We call it FOMO.

Prediction season never ends in crypto. But this time, the smart money's actually putting skin in the game—just don't expect them to admit it at the next shareholder meeting.

Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

Sharing its data on X, Glassnode posted yesterday that the surge in SOL CME contracts “suggests institutional investors are positioning aggressively as price rebounds to ~$145.”

$SOL CME Futures volume just hit an all-time high of 1.75M contracts – the highest on record. This surge suggests institutional investors are positioning aggressively as price rebounds to ~$145.
Track SOL derivatives data: https://t.co/yClXheGVZB pic.twitter.com/wmmA3kdwkB

As the chart above makes clear, volumes have been high in June, which boasts three of the busiest days in terms of Solana futures this year.

What this suggests is that, after a difficult period for Solana and the wider market, investors (including institutions) are steadily returning to the token, buying it while it remains relatively cheap.

There have also been some major spot transfers in recent days, with yesterday also bearing witness to the movement of $107.7 million in SOL from one unknown wallet to another.

Now may therefore be a good moment to resume buying Solana, given that the ceasefire between Iran and Israel appears to be holding.

A cessation of hostilities in the Middle East could be the factor that helps the solana price to recover strongly over the coming weeks and months, with its chart today showing signs of a rebound.

After several weeks running below its baseline, SOL’s moving average convergence divergence (orange, blue) has bottomed and begun rising, which again is a sign that it’s turning a corner.

We see something similar with its RSI (purple), which has bounced from 30 in recent days and also looks like it will have an upwards trajectory.

When combined with Solana’s bullish fundamentals (e.g. second-biggest L1 in terms of TVL, big updates on the horizon), such technicals point to a steadily rising price over the medium- and long-term.

The Solana price could therefore hit $160 in the next one or two weeks, before entering August at just over $200.

Snorter Raises $1.2 Million As It Prepares to Launch Automated Sniping Bot: The Next Big Thing?

As strong as Solana remains, traders may want to diversify their portfolios in order to increase their exposure to potential upside.

This means allocating a percentage to smaller, newer tokens, including presale coins, which can often rally big when they list for the first time.

For example, Ethereum- and Solana-based token Snorter (SNORT) has now raised just over $1.2 million in its ICO.

Here to change how sniping’s done.

Snorter Bot lets you snipe new tokens within seconds of liquidity appearing, before normies have even refreshed the page. pic.twitter.com/fdlShFMsgW

It has been attracting investors by virtue of its state-of-the-art trading bot, which boasts an automated sniping function that will help users make trades ahead of the crowd.

Not only will it help users snipe emerging coins quickly, but it also comes with such features as copy trading, atomic swaps, limit orders, and protection against rugpulls.

It’s therefore a hugely comprehensive and efficient trading bot, with native token SNORT, which is required to pay for access to its features.

SNORT will have a max supply of 500 million tokens, while holders will also be able to stake it for a regular income.

You can buy it early by going to the Snorter website and connecting a wallet, such as Best Wallet.

It’s currently available at $0.0963, but this will rise in under two days, so newcomers should act quickly.