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Crypto

Solana Price Holds Above $75 Amid Ongoing Institutional Demand

Guavy AI Editorial Team
Instruments
SOL
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Solana (SOL) is trading above $75 on Monday after experiencing a decline of 2.18% last week and finding support at an ascending trendline.

The continued inflows into spot SOL Exchange Traded Funds (ETFs) indicate sustained investor demand, with the highest weekly inflow since May 22 recorded at $10.26 million last week, marking the seventh straight week of positive inflows.

CryptoQuant’s summary data shows a mild bullish tilt, with large whale orders in SOL's spot markets and cooling conditions in futures markets, supporting a potential recovery.

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