🚀 Solana Shows Strong Momentum
$SOL
has moved above the key $110 resistance level, supported by strong investor interest. Spot SOL ETFs have seen around $264 million in monthly inflows, with positive flows for six days in a row.
At the same time, Solana’s staking ratio is near 70%, meaning a large amount of SOL is being staked and is less available for immediate selling.
Together, strong ETF inflows and high staking activity are helping support $SOL recent momentum. 📈
#Solana #SOL #Crypto #CryptoNews #Blockchain
$SOL
has moved above the key $110 resistance level, supported by strong investor interest. Spot SOL ETFs have seen around $264 million in monthly inflows, with positive flows for six days in a row.
At the same time, Solana’s staking ratio is near 70%, meaning a large amount of SOL is being staked and is less available for immediate selling.
Together, strong ETF inflows and high staking activity are helping support $SOL recent momentum. 📈
#Solana #SOL #Crypto #CryptoNews #Blockchain