Solana Holds Ground Above $100 as ETF Inflows Reach $837K

Solana has maintained its value above $100, despite fluctuations in the broader cryptocurrency market. The asset recorded a 5% gain over the previous 24 hours, with a price of around $101.32 at the time of the latest update.

The total cryptocurrency market capitalization saw a 2.13% increase to $2.63 trillion during this period. Bitcoin's value remained steady near $76,000, while Ethereum hovered close to $2,450, highlighting Solana's relative strength within the market.

Technical analyst Ali Charts identified a bull flag formation on Solana's four-hour chart, which could signal a move toward $130 if it breaks through the key resistance level of $105. However, Ali Charts warned that an unconfirmed move past $105 may result in a false breakout.