Solana (SOL) Price News: Outperforms BTC, Poised to Follow Ether's 200% Rally on ETF and Treasury Demand

MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailSolana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200 Rally, Says AnalystSOL is the "most obvious long right now," fueled by up to 2.6 billion demand from crypto vehicles in the next month, Arca CIO Jeff Dorman said.By Krisztian Sandor, AI BoostEdited by Stephen AlpherUpdated Sep 3, 2025, 7:05 p.m. Published Sep 3, 2025, 7:04 p.m. Solana (SOL) price (CoinDesk) What to know: Solana (SOL) has surged 33 since early August, outperforming major cryptocurrencies like bitcoin and ether over the past few weeksThe token is benefitting from crypto investors rotating profits beyond BTC and ETH, YouHodler's head of risk said.SOL could replicate ether's 200 rally as up to 2.6 billion in treasury inflows and ETF decisions loom, Arca's Jeff Dorman said.In this articleBTCBTC112,048.600.78SOLSOL211.100.20XRPXRP2.84460.13With bitcoin BTC112,071.98 stuck just above 110,000 and ether (ETH) consolidating after hitting fresh records, Solana SOL211.10 has emerged as a standout performer in the crypto market recently.The token traded around 211 on Monday, up 33 from early August lows, making it one of the best performers in the CoinDesk 20 Index in the past month. Against bitcoin, SOL has gained 34 over the past month, and it has strengthened 14 versus ETH since mid-August.STORY CONTINUES BELOWDon't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newslettersSign me upBy signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.The rally reflects a broader rotation into altcoins, analysts said."The season of profit redistribution among holders of cryptocurrencies continues, Sergei Gorev, head of risk at YouHodler, said in a market note shared with CoinDesk. He said liquidity has been moving out of BTC into second-tier tokens, with "a noticeable increase in the positive dynamics in capital flows to SOL."Such flows could be long-term as corporate investors look for large, liquid projects to hold, Gorev added, naming SOL alongside with XRP XRP2.8454 as the "next interesting market ideas."Jeff Dorman, chief investment officer at Arca, tipped SOL to replicate ethers turnaround earlier this year. He pointed to Ethereums resurgence after stablecoin adoption, strong ETF inflows and the relentless bid from digital asset treasuries, or DATs, helped ETH rally nearly 200 since April. "SOL appears poised to repeat the exact same playbook that ETH just executed in the coming months," Dorman wrote in a fresh report.The first U.S.-listed Solana ETF launched in July, but it was futures-based. *Reporting by Coindesk.*