Solana Price Stabilizes Above $99 Amid 11-Day ETF Inflow Streak
Solana's price has held steady around $99 despite a recent market correction. In fact, it remains 35% higher than its value two weeks ago.
The token's recent strength is partly due to continued inflows into U.S. Solana ETFs, which have recorded net inflows for 11 straight trading sessions. On September 1 alone, these funds added $10.19 million, bringing the total net inflows to $1.35 billion.
Solana's derivatives trading has also picked up, with a 20% increase in volume to $9.44 billion. Options volume rose by 21.18% to $15.18 million, while open interest increased by 1.64% to $135.98 million.