Solana rose 12.95% in mid-May 2026, buoyed by Goldman Sachs disclosing a nearly $108 million position in spot SOL ETFs. Total AUM across Bitwise, Fidelity, and Morgan Stanley SOL ETF products surpassed $1 billion for the first time, confirming Solana's graduation from speculative altcoin to institutional asset class. Network transaction volume also hit 2026 highs, with DePIN apps and consumer crypto pushing daily active wallets past 8 million.
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