Solana Soars on Record ETF Inflows, Hits $91 Amid Network Upgrade
Solana's price surged by 19% this week to reach $91, driven by record inflows into its spot exchange-traded funds. According to FXStreet data, US spot Solana ETFs recorded $14.58 million in inflows on Thursday alone, the largest single-day flow since late July.
The cumulative inflows into US spot Solana ETFs have now exceeded $1.16 billion since their launch on October 28, 2025. This milestone marks a significant achievement for the third cryptocurrency to receive SEC spot ETF approval, following Bitcoin and Ethereum.
Solana's recent rally can be attributed to its network upgrades, particularly the Agave v4.2 upgrade in August 2026. The upgrade cut transaction costs by 90%, halved slot times to 200 milliseconds, and increased transaction sizes to 4,096 bytes, addressing long-standing scalability complaints.