Solana’s bullish market structure strengthened despite a broader-market pullback, with SOL reaching $110 and briefly returning to its January levels after Charles Schwab’s plans to incorporate the token. The rally faded to a daily low of $105, although SOL remained up 5% over 24 hours and 18% over the week. The move triggered liquidations of more than $30.35 million in short positions and $8.9 million in long positions, according to Coinglass. Traders continued adding leveraged exposure: open interest (the value of outstanding derivatives contracts) increased 10.4% to $7.54 billion, while derivatives volume rose 69% to $17.27 billion. Over the previous 12 hours, Solana recorded $1.45 billion in outflows versus $1.36 in inflows; over 24 hours, inflows reached $4.37 billion and netflows rose to $3.9 million. Netflows had remained positive for seven consecutive days before reaching a yearly high of $63 million on Aug. 27, then turned negative on Aug. 28 and stood at about -$3.8 million at press time. The DMI Modified indicator remained positive for three consecutive days at about 34, while the Relative Strength Index (RSI), a momentum gauge, hovered near the overbought zone at 78. The indicators pointed to continued trend strength, with $110 and then $125 identified as upside levels if demand holds. Persistent derivatives selling could instead push SOL back to $102.