Solana eyes $100 as ETF inflows hit highest level since January

Key takeaways

• Solana surged nearly 15% last week as spot SOL ETFs attracted $39.23 million in inflows — the strongest since January. 
• Solana surged nearly 15% last week as spot SOL ETFs attracted $39.23 million in inflows — the strongest since January. 

Solana (SOL) is trading just above $95 on Monday after rallying nearly 15% over the past week, with bullish momentum supported by strong institutional demand, improving on-chain activity, and rising derivatives participation.

Institutional demand pushes SOL above $90

Institutional appetite for Solana strengthened sharply last week, with spot Solana Exchange Traded Funds (ETFs) recording net inflows of $39.23 million, according to CoinGlass data. 

The figure marked the strongest weekly inflow since mid-January, signaling renewed investor confidence in the asset. Continued inflows could provide additional upside support for SOL in the near term.

On-chain and derivatives metrics also point to a constructive outlook. CryptoQuant d...