Solana is experiencing a September to remember. In just two weeks, $SOL has surged 23.5%, leaving $BTC (+6.9%) and $ETH (+6.4%) in the dust.
Galaxy Digital’s aggressive buying is one of the biggest stories behind Solana’s September surge. The firm purchased $6.5M in $SOL in less than a week.
Why does this matter? Institutions don’t usually commit that kind of capital without conviction. Solana has faced criticism in the past for network outages and scaling glitches. Yet, billion-dollar inflows show that major players see it as a viable bet heading into the next market cycle phase.
The move reflects what happened with Bitcoin earlier this year, when ETFs directed billions into $BTC. If Solana follows the same strategy, institutional rotation could speed up price discovery well before retail investors fully re-enter the market.
Historically, green Septembers have set the stage for strong Q4 rallies, and institutions buying early further reinforce that trend.
Analysts often describe this stage as ‘Altcoin Phase 3,’ where large-cap coins are spotlighted. For investors, it positions Solana as the clear challenger to Bitcoin and Ethereum’s dominance.
Snorter is a Telegram-native bot designed for Solana and Ethereum. It allows traders to manage their entire playbook from chat: sub-second swaps, instant sniping at token launch, copy-trading top wallets, rugpull detection, and portfolio tracking.
Holding $SNORT lowers execution fees from 1.5% to 0.85%, making it cheaper than competitors like BONKbot and Trojan, while providing faster execution thanks to custom Solana RPC infrastructure. Unlike most meme coins, Snorter supports its branding with real functionality.
This article is not financial advice. Presales and crypto in general carry inherent risks. Please always do your own research (DYOR) before putting any capital at risk.