Solana ETF Inflows Surge as Price Hovers Near $116 Amid Profit-Taking Pressure

Solana's price has reached an eight-month high of $116 after bouncing from around $110, driven in part by institutional demand.

The altcoin's Spot ETFs have seen significant net inflows, with over $73 million pouring in over the past two sessions, pushing assets to $1.74 billion.

This surge in institutional interest has pushed Solana's price up 4% on the daily charts and broken a level not seen since January 2026.

However, small-scale investors have taken the opportunity to cash out, with net flow turning negative only once over the past week.