SOL Token Surges 2.9% as $16M Inflow, Whale Accumulation, and New Projects Boost Momentum

Solana (SOLUSDT) has recorded a 2.90% price increase over the last 24 hours, now trading at $139.62 on Binance. The positive price movement is attributed to substantial institutional inflows, including $10.43 million in ETF investments over the past week and a single-day inflow of $16.24 million, signaling heightened investor confidence. Additional bullish momentum is supported by strong on-chain activity, notable whale accumulation, a recovering supply of stablecoins on the Solana network, and the launch of new ecosystem projects such as the JupUSD stablecoin. Over the last 24 hours, SOLUSDT experienced high volatility with a 24h high of $140.08 and low of $133.18, robust trading volume between $4.63 billion and $5.61 billion, and a market capitalization near $78 billion.