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Solana Seeks Breakout Above $120 Amid Record Inflows

Guavy AI Editorial Team Published October 1, 2026

Instruments

SOL

Solana (SOL) has been testing the $120 level for several days, with a recent high of $119.55 before settling at $119.54.

The token has seen a strong run from its August lows, rising from around $75 to its current price.

This trend is supported by institutional buying, as U.S. spot Solana ETFs saw a record $188 million weekly inflow before a small outflow on Sept. 30.

The Alpenglow upgrade, aiming for much faster transaction finality, is now live on public test networks.

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