Solana Price Bounces Off Ascending Triangle as ETF Inflows Surge

Solana's price has been holding steady at $75.87, pushing against the top of an ascending triangle that formed in June.

The daily chart shows SOL sitting between the 0.382 Fibonacci level and the 0.5 level, inside the tight triangle. The lower trendline has been rising through each successive low, while the upper trendline near $76 to $78 has capped every recovery attempt.

ETF inflows have picked up, with spot funds pulling in $8.8 million on August 11, the strongest single-day inflow since May 12. This arrives alongside rising RWA value, stablecoin supply, and tokenized equity activity on Solana.

Analyst Ali Charts has flagged the mid-range near $78.70 as the setup's resistance trendline on the daily Tom DeMark signal, making the $78 to $79 zone the key confirmation level for any breakout move toward $100.