Solana ETFs see $1.58M inflows; SOL nears $100 resistance, signaling potential bullish breakout.
Solana spot ETFs in the US recorded $1.58 million in net inflows on August 18, bringing total inflows to $1.16 billion. SOL price peaked at $86 before slightly retreating to around $84.81, with $100 identified as a key resistance level that could confirm a market bottom if surpassed. Analysts like Ali Charts and Michaël van de Poppe are bullish, projecting significant upside targets of $295 and $400, supported by positive technical indicators and staking yields. Investors are closely watching the $100 mark as a critical threshold for a sustained upward move.
Solana spot ETFs in the US recorded $1.58 million in net inflows on August 18, bringing total inflows to $1.16 billion. SOL price peaked at $86 before slightly retreating to around $84.81, with $100 identified as a key resistance level that could confirm a market bottom if surpassed. Analysts like Ali Charts and Michaël van de Poppe are bullish, projecting significant upside targets of $295 and $400, supported by positive technical indicators and staking yields. Investors are closely watching the $100 mark as a critical threshold for a sustained upward move.
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