$SOL is back above 100, and the flow story behind it is smaller than the headline.
Live numbers:
Price: 101.28
24h: +2.9%, range 97.38 to 102.05
30 day change: +32%
Market cap: 59.3B
Still 66% below the all time high of 293.31
On September 16, spot funds tracking this asset took in about 837K net, while bitcoin and ether products shed more than 520M combined. The rotation is real, but the size matters: total net assets across those funds sit near 1.38B, with 1.37B of cumulative inflows since launch.
Structure: today's low at 97.38 held, and price sits back above 100. That is the line. Daily closes above it keep the August trend intact. Losing it puts 97.38 back in play.
So yes, money rotated into this one while the majors bled. It was also a rounding error next to what left them.
Follow me for daily breakdowns.
#solana #sol #crypto #altcoin #defi
Live numbers:
Price: 101.28
24h: +2.9%, range 97.38 to 102.05
30 day change: +32%
Market cap: 59.3B
Still 66% below the all time high of 293.31
On September 16, spot funds tracking this asset took in about 837K net, while bitcoin and ether products shed more than 520M combined. The rotation is real, but the size matters: total net assets across those funds sit near 1.38B, with 1.37B of cumulative inflows since launch.
Structure: today's low at 97.38 held, and price sits back above 100. That is the line. Daily closes above it keep the August trend intact. Losing it puts 97.38 back in play.
So yes, money rotated into this one while the majors bled. It was also a rounding error next to what left them.
Follow me for daily breakdowns.
#solana #sol #crypto #altcoin #defi
