Solana Price Struggles at $100 as ETF Inflows Remain Bullish
Solana's price has been under pressure in recent days, dropping to around $100 after a wave of selling pushed it below the psychological threshold.
However, investors continue to pour money into Solana ETFs, with net inflows reaching $193 million in August, the highest monthly intake since November 2025. This has kept Wall Street's expectations for the token's future price action positive.
The trading volume on Solana has been dropping, hitting a low of $3 billion after briefly reaching $8 billion on August 21. Analysts warn that this could set the stage for a sustained decline to lower areas where a higher volume of buy orders may be sitting.