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Solana rebounds as on-chain volume tops $1.1 trillion and institutional ETP inflows rise sharply.

Protocol Fundamentals
16 Apr 2026
Tokenpost
View Source
Bullish
pluang ai news

Solana (SOL) has rebounded to around $89, driven by a massive 6,558% quarterly surge in on-chain transaction volume, which topped $1.1 trillion in Q1 2026. Daily active users reached approximately 4.6 million, signaling broad network adoption beyond speculative trading. Institutional interest is also growing, with Solana-linked exchange-traded products (ETPs) seeing $200.8 million in net inflows and major firms like Bitwise and Fidelity managing over $1 billion in related assets. Upcoming network upgrades and pilot projects with European banks could further boost Solana's utility and price momentum, despite the token still being down about 68% year-to-date.

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