Solana Surges Past $100 on ETF Inflows and Strong Network Activity

Solana's price has broken through the $100 barrier after experiencing a significant surge of over 17% in just seven days. This rally is largely driven by fresh demand from US spot Solana exchange-traded funds, with net inflows totaling $9.14 million on August 26 alone.

Two proposals under consideration by Solana validators aim to accelerate the reduction in new issuance and increase the amount of SOL removed through transaction fee burns. If implemented, these changes could bring daily SOL burns as high as 9,000 tokens, with potential terminal inflation rates reaching 1.5% by 2029 instead of 2032.

Network usage has also increased concurrently with Solana's price recovery, with a record 4.2 billion non-vote transactions processed in July, up 13.5% from June and 91% from December 2025. Institutional uses for SOL have expanded as well, with Galaxy introducing a new line of credit allowing eligible clients to borrow against Bitcoin, Ether, and SOL, including staked SOL.

The daily Supertrend remains bullish, while buying pressure has strengthened, keeping the first area to clear at $102-$104 in sight. A breakout accompanied by continued positive money flow could put $108 and then $110 within reach, but a failure to clear this zone would bring $100 back into focus.