Solana saw only 0.5 million USD in institutional inflows in May, significantly lower than competitors SUI, Cardano, and Chainlink. Meanwhile, retail investors and whales accumulated 4.13 million SOL worth 677 million USD, signaling long-term bullish sentiments.
SOL is expected to trade between 161 USD and 178 USD in June; breaching 178 USD could lead to 188 USD, while dropping below 161 USD risks falling to 144 USD. Historically, June is bearish for Solana with a median ROI of -8.97%.
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