Solana’s SOL token has gained 40% over the past month and was trading around $101, with technical signals pointing to a potential rise to $150 by the end of September. Analyst Ali Martinez described SOL’s market structure as bullish and said the token must surpass $110. The latest move follows SOL’s roughly 46% August gain, which ended 10 consecutive monthly declines from October 2025 through July 2026 and produced its first positive monthly close since September 2025. SOL reached about $110.38 during August before closing near $103. Solana exchange-traded funds attracted cumulative inflows of $1.34 billion, while Bitwise’s BSOL ETF surpassed $1 billion in assets under management. A previously dormant whale wallet acquired approximately 76,856 SOL from Hyperliquid, worth roughly $8 million at August prices. Solana also held its first binding on-chain governance vote, SGP-0002.