Solana Surges Above $100 as Institutional Demand Soars
Solana's price has broken back above $100 after a strong rally, and institutional demand is adding fuel to the fire. The cryptocurrency's US spot ETFs pulled in a record $1.22 billion in cumulative net inflows, with August 24 seeing $33.5 million in single-day inflows.
The trading activity has also accelerated, with Solana ETFs generating $166.8 million in daily volume and Bitwise's BSOL accounting for over $100 million of that total. The numbers suggest that the latest SOL price rebound is attracting more than short-term retail speculation, reviving bullish $150 calls.
Analysts tracking Solana's recovery have identified $150 as a possible 2026 target if SOL can establish support above the $95 to $100 region and maintain its current momentum. However, presale investors searching for larger percentage gains are looking further down the market-cap curve at AlphaPepe (ALPE).