Vanguard Group Bets $600 Million on SOL: Why Are Traditional Giants Increasing Their Solana Holdings Against the Trend?

Question

[Crypto World] Traditional financial giants are starting to place real money bets on altcoins. Vanguard has been making some major moves lately, directly launching a line of crypto ETF products, with Solana’s BSOL already attracting $622 million—numbers like this are rare during a bear market.

To be honest, SOL’s performance this year has been disappointing, down 28% for the year. But established institutions like Vanguard clearly don’t focus on short-term fluctuations. They’re eyeing Solana’s hard strengths: the chain’s processing speed has recently increased by 4.78%, now reaching 798.5 transactions per second. That’s pretty competitive among public chains.

What’s even more crucial is the timing—Solana is set to launch its Alpenglow upgrade in Q1 2026. If this technical iteration lands smoothly, it could be a turning point for the ecosystem. Institutional funds are positioning themselves early, betting on this wave of technological dividends and the subsequent room for valuation recovery.

fren_with_benefits · Accepted Answer

Sol is really all-in this time; pioneers won't just throw money blindly.

Institutions are starting to buy the dip, so if Alpenglow doesn't mess up, it'll take off.

Old money can't understand chain speed either? Hilarious.

LiquidityHunter · Answer

Pioneer is basically giving SOL a lifeline, dropping 600 million on it—aren’t they worried?

But wait, can Alpenglow really turn things around? Feels like another hype-driven expectation.

798 transactions per second sounds good, but can that number really be sustained?

Institutional money has a keen sense of smell, I believe in the room for valuation recovery, just worried it might turn into another bagholder game.

Can SOL make a comeback this time? I’m skeptical, but seeing Pioneer dare to bet so much, maybe there’s really something here.

Institutions are still making moves like this in a bear market, there’s definitely some room for imagination.

But can a tech upgrade really solve all the problems at once? That’s the real question.

DefiPlaybook · Answer

Vanguard, that old fox, throwing in over 600 million into SOL is basically betting on Alpenglow. They see things much clearer than us.

Institutions are institutions—they’re not afraid of short-term drops and are eyeing the technological dividends. 798 transactions per second is seriously impressive; if the upgrade really succeeds, there’s definitely significant room for a valuation recovery.

Honestly, the timing of this move is just perfect.

Institutional investment = signal, but as retail investors, we still need to consider our own risk tolerance.

But wait, can Alpenglow really launch on schedule, or will it be delayed again?

If this 600 million-plus goes down the drain, won’t Vanguard feel the sting? Haha.

But all jokes aside, traditional finance entering the space is definitely bullish—just hope it’s not another market maker trick.

ForkThisDAO · Answer

Can SOL make a comeback? I doubt it.

Institutions are just good at hyping things up.

Pioneer dumped 600 million, so there really are people who believe in it.

Let's wait until Alpenglow is actually implemented.

That's just a gambler's mentality.

CrossChainMessenger · Answer

This SOL wave really has potential, old money like Vanguard wouldn’t just bet casually.

If the 2026 upgrade succeeds, buying now is definitely a good deal.

Daring to dump 600 million in a bear market shows institutions have already seen through everything.

Emm, 798 TPS sounds nice, just worried about whether it can stay stable in the future.

Shitcoin? That’s a joke. SOL has long been the ceiling for second-tier public chains.

Whether Alpenglow can make a comeback, that’s the real gamble here.

Institutional bottom-fishing signals are maxed out, while retail investors are still hesitating...

There are still people buying with a 28% drop, which means the underlying logic is still there.