Solana’s Bullish Momentum: Institutional Inflows and Retail Interest Fuel $2,000 Target

Solana (SOL) is experiencing a significant resurgence, attracting both institutional and retail investors. Recent data shows a staggering $78 million inflow into Solana-based exchange-traded products this week, marking the highest altcoin inflow. This institutional interest coincides with a surge in active addresses, nearing 16 million, indicating renewed retail participation. Netflows have also stabilized, suggesting reduced sell pressure. As SOL breaches key resistance levels, market observers are optimistic about its potential to reach the $2,000 mark. The convergence of institutional bets and growing network activity positions solana for a strong upward trajectory.

Solana Price Rally Sparks $2,000 Buzz but One Level Stands in the Way

Solana's resurgence is gaining institutional traction, with $78 million flowing into its exchange-traded products this week—the highest altcoin inflow. Active addresses NEAR 16 million signal returning retail interest, while stabilizing netflows suggest reduced sell pressure.

The convergence of institutional bets and renewed network activity comes as SOL breaches key resistance levels. Market observers note this pattern often precedes significant price movements, though a critical technical barrier remains before the $2,000 threshold becomes plausible.

Solana User Accidentally Burns $75K in PUMP Tokens During Wallet Cleanup

A Solana wallet user inadvertently destroyed $75,000 worth of PUMP tokens while attempting to purge junk assets, spotlighting the risks of on-chain asset management. The tokens were burned using a cleanup tool that misidentified the valuable PUMP holdings as worthless airdrops.

Blockchain data reveals the irreversible transaction cost just $0.002243 in fees—a cruel juxtaposition against the six-figure loss. The incident sparked widespread discussion across crypto communities, with one observer remarking, "I would cry and leave crypto forever."

This episode underscores the dangers of automated tools during volatile airdrop periods, particularly for assets like PUMP that have experienced rapid valuation changes. The Solana-based Token 2022 program executed the burn, demonstrating how protocol features designed for efficiency can compound human error.

Ondo Finance Expands DeFi Reach with Bitget Wallet Integration and Strangelove Acquisition

Ondo Finance is accelerating its DeFi infrastructure by partnering with Bitget Wallet and acquiring blockchain developer Strangelove. Bitget Wallet, serving over 80 million users globally, will support Ondo's tokenized securities—including stocks, ETFs, and real-world assets (RWAs)—at launch this summer. This integration enables self-custody and seamless transfer of regulated financial products directly from wallets.

The initiative is part of the Global Markets Alliance, a coalition led by Ondo Finance to bring TradFi on-chain. Key participants include Solana Foundation, Jupiter Exchange, and Trust Wallet, among others. The alliance precedes the launch of Ondo Global Markets, a platform designed to provide non-U.S. users access to U.S. securities, starting with over 100 tokenized assets.

Ondo's strategic moves highlight the growing convergence of decentralized finance and traditional markets. By bridging liquidity and compliance frameworks, the project positions itself at the forefront of institutional-grade DeFi adoption.

Solana Price Consolidates Amid Surging Futures Interest and Network Growth

Solana's price hovered near $160 on July 15, struggling to breach resistance at $167 despite a 15% surge in futures open interest to $8.8 billion—the highest since January. The network recorded 596 million transactions this week, outpacing all top-ten chains combined, while active addresses climbed 5% to 25.5 million.

Stablecoin activity on Solana skyrocketed, with addresses jumping 40% monthly to 3.3 million. The REX-Osprey SOL + Staking ETF attracted $77 million in inflows, signaling institutional confidence. Rising fees and transaction volume suggest sustained demand, though price action remains rangebound.