Solana’s SOL token rose about 30% in four days, climbing from approximately $77 on Aug. 18 to $103 on Aug. 21 and reclaiming $100 for the first time in about six months. During the move, more than $33.8 million in SOL short positions were liquidated over 24 hours, with short liquidations accounting for 80.85% of SOL futures liquidations versus $8.01 million in long liquidations. Binance accounted for around $17.9 million of the liquidated SOL shorts, while OKX, Hyperliquid and Bybit handled much of the remainder. Broader market sentiment was supported by expectations for crypto-friendly U.S. policy, the U.S. Treasury’s planned expansion of long-term bond buybacks and about $10.26 million in weekly net inflows into U.S. spot Solana ETFs. Expectations for lower Treasury yields and increased liquidity spread from Bitcoin to major altcoins. Solana’s mainnet also reduced its target slot time to 350 milliseconds from 400 milliseconds on Aug. 19. The broader crypto market recorded more than $1.2 billion in short liquidations over the same 24-hour period and an estimated $4 billion in total liquidations over two days.