Solana surges 11% to $112 as futures leverage fuels rally

  • Solana rose 10.75% to $112.28 as futures leverage intensified the rally.
  • BSOL traded about $85 million and held $1.145 billion in net assets.
  • Short liquidations totaled $36.72 million, or 96% of the session's liquidations.

Solana rose 10.75% to $112.28 on Sept. 18, returning above $100 and reaching its highest level since January 2026, as futures open interest stood near $7 billion and short liquidations drove most of the session's activity. Bitwise's BSOL, the first U.S.-listed spot Solana staking ETF, recorded approximately $85 million in trading volume and gained 12.04% to $15.54. Official fund data showed $1,145,113,559 in net assets as of Sept. 17, a 0.20% sponsor fee, and 100% of assets staked through Helius, generating a 5.35% net staking rate. The broader U.S. spot Solana ETF market had accumulated $1.7 billion in inflows by late August, with BSOL accounting for about 80%, although earlier coverage cited lower totals of $1.37 billion in cumulative inflows and $974.52 million in BSOL assets. Solana also activated 250-millisecond slot times at epoch 1037 on Sept. 18.

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