Solana Price Surges Past $94 on ETF Inflows and Supply Reduction Vote

Solana's (SOL) price has surged past $94, marking a 27% gain over the past seven days and reaching levels not seen in two months.

The rise is attributed to four consecutive days of positive flows from exchange-traded funds focused on Solana, totaling $28.34 million.

Network validators are currently casting votes on three governance measures (SGP 1, 2, 3) with voting concluding Thursday.

A pair of the proposals aim to tighten SOL supply through accelerated disinflation and expanded fee-burning mechanisms.