The accumulation of Solana is intensifying: institutions are betting before the altseason.
Institutional investors are rapidly accumulating SOL in May 2025, signaling long-term confidence ahead of the altseason. More than 65% of the SOL supply is locked, and application revenues for the first quarter reached $1.2 billion. On-chain data shows growth in capital inflows and transaction volume, positioning Solana to lead the rally.
Although the "altseason" has not officially started, Solana (SOL) is seeing increasing interest from institutional investors, with significant accumulation movements observed in May 2025. Recent reports and analyses indicate that Solana is attracting capital from institutions and experiencing growth in new developer activity, along with positive signals from on-chain data.
Data shows that the spot trading volume of altcoins remains below the levels seen in January 2025 and 2024. Naturally, it is still far from the peak levels of 2021. This suggests that the altcoin market as a whole has yet to reach the necessary vitality to initiate a strong growth cycle.
However, despite this context, Solana (SOL) is emerging as a bright spot, capturing the attention of institutional investors. Specifically, several institutions have increased their SOL holdings ahead of the altseason. According to OnchainLens, a whale recently increased its holdings by 17,226 SOL while investing $1 million in FARTCOIN and $300,000 in LAUNCHCOIN. Another whale withdrew 296,000 SOL from FalconX and locked them, signaling a trend of accumulation and long-term commitment to the Solana ecosystem.