Solana stablecoin supply hits record $17B as ETFs buy $278M in SOL
- —Solana stablecoin supply rose 5% this week, topping $17 billion for a new all-time high
- —Solana ETFs bought 2.32M SOL worth $278M in two weeks, AUM now $2.283B
- —A whale moved 500,000 SOL worth $60.5M to Binance, yet SOL fell only 0.3%
- —Bitfinex whale long positions on SOL surged sharply
Why it matters: Rising on-chain liquidity and institutional inflows could give SOL the demand setup to break above $120 resistance in Q4.
Source: AMBCrypto