Solana Hits Three-Month High at $117.79 as ETF Inflows Slow
- —SOL gained 7.35% in 24 hours and 26.37% in 30 days, with an intraday high of $118.19
- —SOL ETF inflows have run 12 straight weeks, totaling about $1.4 billion, with $1.62 billion in assets
- —Weekly inflows fell to $13.2–60.7 million from $153.87 million in late August
- —About 80% of inflows go to Bitwise's BSOL: $1.145 billion in assets and 10.09 million SOL staked
Why it matters: SOL's rally rests on a short squeeze and heavy turnover rather than ETF demand; a break in the inflow streak would leave the price without institutional support.
Source: CryptoTicker