Solana’s SOL token rose about 30% from approximately $77 on Aug. 18 to a reported $103 on Aug. 21, while a newer update described it as approaching, rather than decisively breaking above, $100. The rally included more than $33.8 million in SOL short liquidations, alongside U.S. spot Solana ETF inflows, expectations for crypto-friendly U.S. policy and faster mainnet performance. The newer update cited $28 million in weekly ETF inflows and said a sustained break above Solana’s 2026 trading range could target $117.