Solana ETF inflows reach $153.87 million as SOL tests $100 support

  • Solana validators approved a 30% disinflation rate and a new governance framework.
  • SOL-focused ETFs attracted $153.87 million last week across nine consecutive net-buying days.
  • SOL traded around $101.59 after falling roughly 3% in the previous session.

Solana is trading around $101.59 after falling roughly 3% in the previous session, placing the $100 psychological support level under pressure. SOL-focused ETFs attracted $153.87 million last week, extending net buying to nine consecutive days, while the daily RSI retreated from overbought territory and the MACD moved lower toward its signal line. The inflows provide supportive demand but do not guarantee that SOL will hold near-term support. Solana validators voted to double the network’s disinflation rate to 30% and adopt a new governance framework. A separate proposal for usage-based fees, which could have lifted daily SOL burns to almost 9,000 tokens, failed. Supplementary reporting said U.S. spot Solana ETFs received $60.91 million on August 27, their strongest daily inflow result of the year to date, while August inflows had exceeded $134 million before month-end. Technically, SOL remains above its 50-day, 100-day and 200-day EMAs at $85.05, $82.77 and $89.71, respectively. The February 1 low of $98.02 is the immediate downside level, followed by the 200-day and 50-day EMAs if that support breaks. On the upside, $116.88, the December 18 low, is the next major barrier. Holding $98.02 and remaining above $100 would preserve the current EMA structure, while a break below could indicate that ETF demand has not offset broader selling pressure. A sustained move above $116.88 would remove the identified structural barrier, although the cooling RSI and MACD leave open the question of whether buying pressure can rebuild. The source also promotes LiquidChain, a project developing an execution layer intended to connect Bitcoin, Ethereum and Solana liquidity environments. Its presale was priced at $0.01454, with just over $920,000 raised.

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