Solana hits record 167M in April – Will SOL price follow?


Solana (SOL) holders have increased on the altcoin and added a total display of 166.9 million SOL.

According to Token Terminal data, recent ownership means that SOL was the fourth largest L1 token, behind Binance (BNB), Ethereum (ETH)and Tron (TRX).

Solana SOL Solana SOL
Source: Token Terminal

At the end of 2025, SOL had 154.2 million unique owners, which means that ownership has grown by 8.2% in Q1 2026.

In addition, this also means that there was a lot of interest in altcoins among those who have the time of the crypto rout. Since the October crash, SOL’s price has dropped from $224 to $84, representing a 63% decline. During the same period, those with symptoms increased 12% from 148.9 million to 166.9 million.

Although this is a bullish signal, the speed of the signal’s exit has remained below the price chart.

The outflow of SOL hit $ 18 billion

The key to evaluating SOL’s sentiment is through the Realized Cap, which tracks the amount of money that goes into the product.

Since last October, the metric has dropped from $96.9 billion to $78.5 billion, an increase of $18.2 billion in capital outflows from SOL.

Solana SOLSolana SOL
Source: Glassnode

Although the metric is a limited indicator, previous returns have had a local and round indicator, followed by a fixed convention. At the time of writing, the metric had yet to publish a reversal signal despite SOL including recent losses around the $75-$93 price range.

In other words, the money supply was not strong enough to raise the price of SOL even though they had write-down signals. But all is not lost. According to CoinShares, Solana and XRP led the altcoins last week. SOL’s revenue stood at $34.9 million, which represents almost a 4x difference compared to XRP’s $120 million.

Solana SOLSolana SOL
Source: CoinShares

If XRP continues to attract 4x capital inflows than SOL, the former may return stronger than the latter.

Meanwhile, the price of SOL rose by about 7%, rising from $78 to $87 after Iran’s suspension provided market support. If it is ordering By the end of the week, the $85 level could be retraced, giving way to the $90-$93 range or a potential gain of 9%.

However, the altcoins may return to $77 if the momentum slows down.

Solana Solana
Source: SOL/USDT, TradingView

Brief Summary

  • Those with SOL symptoms peaked at nearly 167 million in April, representing a 12% increase from last October.
  • However, the altcoin has seen $18.2 billion in revenue over the past few months, which has reduced the chances of a stable price.



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