ETF sucks in $1.2 billion; $SOL institutions scramble to accumulate
SOL is now at 106.4, having surged from 95.82 to 110.60, up 15.4%. It has since pulled back on lower volume to 106. Trading volume has dropped from the peak of 4M to 465k. A pullback on shrinking volume is a healthy correction, and institutions are using the dip to buy.
Liquidity is the key driver behind this rally: The Solana ETF has recorded cumulative net inflows of $1.2 billion, setting a record. On August 24, the single-day inflow reached $33.5 million—the highest single-day figure of the year. Bitwise’s BSOL managed assets are nearing $1 billion; over the first two days of this week, inflows totaled $45 million. Solana attracted $40 million in inflows over the week, exceeding Bitcoin’s $22 million and Ethereum’s $1.4 million. Charles Schwab added SOL to its crypto platform; Galaxy launched SOL-collateralized credit. Institutions are positioning themselves for SOL across the board.
Institutions are truly buying with real money—not retail hype. Strategy: take a light long position in the 105–106 range, set a stop-loss at 103, and target 110–112. A pullback on lower volume is the “boarding” opportunity institutions are giving you—don’t wait until it rallies to 110 before chasing.
The above is for personal analysis only and does not constitute investment advice. #加州通过法案拟禁官员发行Meme币
SOL is now at 106.4, having surged from 95.82 to 110.60, up 15.4%. It has since pulled back on lower volume to 106. Trading volume has dropped from the peak of 4M to 465k. A pullback on shrinking volume is a healthy correction, and institutions are using the dip to buy.
Liquidity is the key driver behind this rally: The Solana ETF has recorded cumulative net inflows of $1.2 billion, setting a record. On August 24, the single-day inflow reached $33.5 million—the highest single-day figure of the year. Bitwise’s BSOL managed assets are nearing $1 billion; over the first two days of this week, inflows totaled $45 million. Solana attracted $40 million in inflows over the week, exceeding Bitcoin’s $22 million and Ethereum’s $1.4 million. Charles Schwab added SOL to its crypto platform; Galaxy launched SOL-collateralized credit. Institutions are positioning themselves for SOL across the board.
Institutions are truly buying with real money—not retail hype. Strategy: take a light long position in the 105–106 range, set a stop-loss at 103, and target 110–112. A pullback on lower volume is the “boarding” opportunity institutions are giving you—don’t wait until it rallies to 110 before chasing.
The above is for personal analysis only and does not constitute investment advice. #加州通过法案拟禁官员发行Meme币
