Solana Surges Past $90 on US Treasury Policy Shift

Solana's native token has broken past the $90 barrier for the first time in months, capping off a week that saw the asset surge nearly 20% on the back of a liquidity-friendly policy shift from the U.S. Treasury and accelerating institutional inflows.

The catalyst arrived midweek when the Treasury announced it would double the size of its longer-maturity bond buyback operations from $2 billion to a minimum of $4 billion per operation, easing lingering liquidity concerns and encouraging risk-taking across global markets.

Spot SOL exchange-traded funds pulled in $14.58 million in net inflows on Thursday, the strongest single-day accumulation since late July, according to tracking data from SoSoValue.