Solana ETFs saw significant weekly inflows, the highest since February. This, coupled with a rise in SOL futures interest, suggests growing trader confidence and a potential push towards the $120 price mark.
Solana Exchange-Traded Funds (ETFs) experienced their most substantial weekly inflow of new investment since February. This surge in demand coincides with a notable increase in the open interest of SOL futures, which climbed by almost 30%. This data suggests that traders are becoming more optimistic about Solana's future performance. Analysts are closely watching these trends, as they may signal that SOL is preparing for a significant price increase, with some anticipating a rally aiming for the $120 level.
1012.302 SRY