Solana (SOL)

Solana (SOL) emerged as a top institutional performer with a 12.95% gain in mid-May 2026, fueled by Goldman Sachs' disclosure of a nearly $108 million position in spot SOL ETFs. Cumulative assets under management across Bitwise, Fidelity, and Morgan Stanley SOL ETF products surpassed $1 billion for the first time. Network transaction volume hit 2026 highs, with DePIN apps and consumer crypto pushing daily active wallets past 8 million.