Solana price outlook: what does $705M inflows mean for SOL?

Solana traded to highs of $236 on Monday as the crypto market rally continued amid a significant $705 million in inflows into SOL digital asset investment products.

The gains in the past week have Solana (SOL) trending towards a new all-time high, with current price levels putting bulls about 20% off the all-time high of $294.

As institutional investors pour significant capital into the ecosystem, could the SOL price explode to a new all-time high?

Record $5.95b crypto inflows, $705m into Solana

As top cryptocurrencies surged last week, sentiment across the market was reflected in the staggering inflows into digital asset investment products. 

CoinShares, in its Digital Asset Fund Flows Weekly Report, indicates that the crypto market attracted a staggering $5.95 billion in weekly inflows. Per the report shared on Monday, this is a record in terms of weekly flows.

The huge inflows, with $3.55 billion going into Bitcoin and $1.48 billion going into Ethereum, highlight the crypto market’s reaction to softer-than-expected US employment data and concerns of economic vulnerabilities amid the US government shutdown.

“We believe this was due to a delayed response to the FOMC interest rate cut, compounded by very weak employment data, as indicated by Wednesday’s ADP Payroll release, and concerns over US government stability following the shutdown,” CoinShares head of research James Butterfill wrote.

As the positive price action catapulted total assets under management in crypto exchange-traded products to a record $254 billion, inflows into Solana jumped by over $705 million for the week.

It’s more than double the $291 million Solana attracted the previous week.

Solana’s YTD inflows to $2.58 billion. This marked a pivotal shift, as Solana’s share of total crypto fund flows climbed to 12%, signalling growing investor confidence. 

Similar sentiment had XRP notching $219.4 million in inflows for the week.

Solana price outlook: bullish SOL eyes new peak

The technical outlook has SOL consolidating within a multi-month ascending channel.

Increased inflows, potentially fueled by ETF approvals and treasury bets, could help the altcoin’s jump to a fresh peak.

Solana chart by TradingView

As institutional investors put millions into crypto investments, the shift across traditional finance points to diversification beyond BTC and ETH.

SOL could be one of the top gainers, particularly as network growth could likely get a further boost amid ETF momentum.

Above $300, bulls will have eyes on $500 or higher.

Solana’s price trajectory is increasingly optimistic, with SOL trading above $233 as of October 6, 2025.

That’s just 20% shy of its all-time high of $294 reached in January.

Over the past week, the token has surged 12%, outpacing the broader market. SOL gains mirror a synchronised rebound in Bitcoin and Ethereum.

Notably, Bitcoin hit a new all-time high above $125k on Sunday, Oct. 5.

Furthermore, Ethereum ticked up and has come to within 7% of its ATH of $4,946.

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