Crypto
Solana Surges Past $84 as ETF Inflows Exceed $1 Billion
Solana's spot ETFs in the United States saw $1.58 million in net inflows on August 18, bringing total cumulative inflows to $1.16 billion since their launch.
The SOL token surged to a peak of $86 on Wednesday before retreating slightly to around $84.81, with market observers focusing on the critical threshold of $100 as a potential confirmation signal for a bottom formation.
Crypto analyst Ali Charts has outlined extended price objectives of $295 and $400, representing potential gains of 288% and 430% from the current baseline price.