Bitwise's newly launched Solana ETF ($BSOL) attracted $69.5 million in first-day inflows, significantly surpassing the $12 million debut of its predecessor, $SSK. This surge in interest coincides with a substantial $218 million Solana whale transaction, where 1,097,555 SOL tokens were moved from a Coinbase Institutional wallet to a new address, as reported by Whale Alert. The strong institutional interest in Solana is further underscored by Western Union's announcement to launch a USDPT stablecoin on the Solana network in 2026, enhancing the blockchain's market momentum.