Most people are watching price hover at $80 and calling it weak. They are looking at the wrong data.

WHAT THE FLOWS SAY:

$SOL ETF data for May 2026:

- Monthly inflow: $114M (2nd largest in ETF history)

- Running total: above $115M net inflows since launch

- Holdings milestone: 11.5M SOL, now worth $943M - a new all-time high

For context: BTC ETFs registered net outflows for multiple consecutive weeks in the same period. Institutional money left Bitcoin and kept going into Solana.

WHAT THE ON-CHAIN DATA SAYS:

Solana is now the 3rd largest blockchain for tokenized real-world assets. $2.7B in RWAs are running on Solana right now.

That number matters because RWAs are not degen money. Every dollar of RWA on-chain represents institutional legal work, compliance sign-off, and custody infrastructure. It is sticky capital that is hard to unwind.

The RWA sector is one of the fastest-growing verticals in all of crypto. S...