Solana (SOL) Targets $150 Milestone as Bitwise ETF Listing Fuels Institutional Surge

Institutional floodgates are creaking open for Solana.

The Bitwise ETF listing isn't just another ticker—it's a direct pipeline for Wall Street capital to flow into the high-speed blockchain. Forget retail hype; this is about pension funds and asset managers getting their first clean, regulated shot at SOL exposure.

The $150 Target: More Than Just a Number

That price target isn't plucked from thin air. It's the direct mathematical offspring of fresh institutional demand meeting a finite supply. The ETF acts as a liquidity vacuum, pulling assets off exchanges and into custodial vaults. Scarcity, meet velocity.

Why This Move Cuts Through the Noise

Solana's narrative just bypassed the tech crowd and landed squarely on the institutional desk. Performance metrics like transactions per second are great for Twitter threads, but they're worthless without an on-ramp for big money. Bitwise just built that ramp.

The cynical take? Wall Street only loves decentralization once it's wrapped in a prospectus and charges a 75-basis-point management fee. But love it they do—and their checkbooks are opening.

Watch the order books. The path to $150 isn't driven by memes this time; it's fueled by allocation models and quarterly rebalancing. A new type of buyer just entered the chat.

Solana Joins Bitwise 10 ETF, Boosting Institutional Demand

However, the data from Bitwise revealed that Solana (SOL), one of the fastest and most efficient blockchains, has been included in the Bitwise 10 Crypto Index ETF (NYSE: BITW). Solana, using both proof of history and proof of stake, is capable of transacting thousands of transactions per second. This also acknowledges the increasing presence of the network in the worldwide on-chain financial markets.

Solana. One of the fastest and most efficient blockchains, built to bring global financial markets onchain.

Now in the Bitwise 10 crypto Index ETF (NYSE: BITW). pic.twitter.com/1uNzsg95xe

The BITW ETF provides investing opportunities in the top ten cryptos by market capitalization, providing the market with comprehensive exposure to the major cryptos. The Solana addition provides a blockchain platform that is gradually gaining popularity for various uses, including DeFi. This is a sign of the prominence of the network among investors.

Solana (SOL) Eyes $150, Mirroring Ethereum’s Bullish Path

Moreover, the crypto analyst, Ali, highlighted that SOL appears to be displaying initial stages of following the impressive bullish trend of ethereum (ETH). Technical analysis indicates that the breakout patterns are similar to the previous bullish patterns of Ethereum. Additionally, increasing volume and higher lows are indicating that SOL might be on the cusp of a major rally.

Source: Ali

If this momentum is sustained, market analysts project the potential for the price of Solana, SOL, to reach the $150 level. Overcoming the resistance level will serve as a substantial indication for the achievement of the $150 target. It is a moment of significance for SOL due to the positive indicators and the developing environment.

Also Read: Solana Holds Trendline Support: SOL Could Pass $200 to Push The Rally to $550