Solana Clears $100 as Record ETF Inflows Pump Up Demand
Solana's price surged past $100 on Tuesday, marking a significant milestone for the token. The sharp 6.72% increase in one session is notable, especially considering it came after a 66% advance from its swing low of $60.14.
The Solana ETFs saw an influx of new capital on August 24, with a record $33.49 million flowing into the funds. This volume represents a significant shift in demand, as the category had been experiencing anemic flows for most of 2026.
Historical seasonality offers little guidance on Solana's performance, but August has historically seen some of the largest single-month gains in the token's history. However, it's essential to note that this is not a reliable indicator.