Crypto
Solana Soars to Jan. 31 High Amid ETF Frenzy
Solana (SOL) has reclaimed its level from January 31st after surging around 8% to $105 on Thursday.
This marks a significant milestone for the token, which is now among the strongest performers in the large-cap digital assets category.
The rally comes as U.S. spot Solana ETFs logged their seventh consecutive day of inflows, with Morgan Stanley's MSOL product accounting for $5.51 million of the total $9.14 million influx on August 26th.
Validators and delegators are set to conclude voting Thursday on three proposals under Solana's first formal governance process, which could have significant implications for the token's supply and price action.