Solana continues to attract major institutional interest as traditional financial firms reveal exposure to its exchange-traded products. Recent filings show that Rothschild Investment LLC and PNC Financial Services have disclosed holdings in Solana-linked ETFs, signaling growing confidence in the network despite broader market volatility. This development comes as Solana’s ecosystem strengthens, driven by institutional adoption, staking rewards, and long-term bullish sentiment from analysts.
Institutional Interest Expands in Solana ETFs
According to new US SEC filings, Rothschild Investment LLC, which manages over $1.5 billion in assets, holds 6,000 shares of the Volatility Shares Solana ETF (SOLZ), valued at about $132,720.
PNC Financial Services has also revealed similar positions, underscoring the growing participation of traditional finance players in Solana’s investment products. These moves follow the rising popularity of Solana ETFs, particularly the Bitwise Solana ETF (BSOL), which allocates 100% of its assets to staking rewards.
Investors appear to be shifting from Bitcoin ETFs toward Solana products, attracted by yield opportunities and the blockchain’s growing role in tokenization. This institutional pivot suggests a new phase of capital rotation within crypto markets, favoring high-performance blockchains like Solana over more mature assets.
Solana Price Holds Key Support at $147.49
At press time, Solana trades around $169.17, up nearly 6% in the last 24 hours. Despite a 3.8% decline over the past week, on-chain data from analyst Ali Martinez shows strong support near $147.49, where more than 16 million SOL last moved. This level represents a major accumulation zone that could determine Solana’s next directional move.
Source: X
If prices hold above $147.49, momentum could push SOL toward resistance at $168 to $191. However, a sustained dip below this area may expose the token to deeper support around $125. The realized price distribution highlights $147.49 as a key psychological and structural level defining short-term sentiment.
Analysts See Long-Term Upside Toward $1,000
Market analyst curb.sol projects a long-term uptrend for Solana, noting its consistent respect of an ascending support base between $150 and $160. Each retest has triggered strong buying pressure, confirming investor confidence. The analyst outlines $1,000 as a long-term target, with interim resistance zones at $250 and $500.
