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Solana is outpacing Bitcoin and Ethereum, and Wall Street has noticed

TVL is at record highs, social buzz is back, and Wall Street is already piling in.

Solana is outpacing Bitcoin and Ethereum, and Wall Street has noticed

Key Takeaways

Why is Wall Street betting big on Solana?

Galaxy Digital invested $1.35 billion into SOL, buying 5.82 million tokens in a week. Social chatter surged as a result, with TVL hitting a record $13.08 billion.

How is Solana performing against Bitcoin and Ethereum?

At press time, SOL was up +20% in September, nearly tripling ETH’s +7.39% gains and outpacing BTC’s +6.37%.


Wall Street just made its move on Solana [SOL].

Galaxy Digital has dropped a $1.35 billion bet on SOL, so the smart money definitely sees something big coming.

With TVL at all-time highs and the token already outpacing Bitcoin [BTC] and Ethereum [ETH] this cycle, the details are impossible to ignore.

Galaxy Digital leads the next Solana wave

Galaxy Digital scooped up $1.35 billion worth of Solana this week; an eye-catching 5.82 million SOL in just seven days. This is the biggest institutional buy of the altcoin in 2025 so far.

What makes this move more intriguing is the timing. Instead of chasing highs, Galaxy bought in as on-chain strength quietly rebuilt.

Solana
Source: DeFiLlama

At press time, Solana’s TVL stood at a record $13.08 billion, showing clear signs of network revival.

For a token already outpacing BTC and ETH this cycle, this accumulation looks like positioning ahead of what could be Solana’s big moment.

The confirmed buildup

If Galaxy’s billion-dollar bet raised eyebrows, Solana’s on-chain data helped explain why.

Daily active addresses held steady above 2.4 million, showing that network use hasn’t slowed even during price swings. Social chatter around SOL also spiked consistently.

solana
Source: Santiment

Interestingly, while development activity cooled off from its early-September highs, price momentum continued climbing past $240; its strongest level since March.

Retail and grassroots activity are playing a big role in keeping Solana’s gears turning.

Solana is leading the charge

At press time, SOL was up +20%, nearly tripling Ethereum’s and outpacing Bitcoin’s gains.

Solana
Source: TradingView

Historically, whenever Solana has closed September green, October and November have delivered explosive rallies.

solana
Source: X

The difference this time? Institutions are already here. With Galaxy Digital piling in before retail momentum peaks, the setup looks stronger than past cycles.

If the patterns match, Solana’s all-time high could be its next milestone!

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Samyukhtha L KM

Journalist

Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.