Solana Surges to $105 as ETF Inflows Continue

Solana (SOL) surged to $105 on Thursday, its highest price since January 31, as U.S. spot ETFs continued their streak of inflows.

The token led gains across large-cap tokens, climbing around 8% during the session and logging its strongest performance among digital assets.

Data from Coinglass showed about $14.6 billion in Solana futures changing hands over 24 hours, with open interest holding near $6.5 billion.

The wider market moved with it, as Bitcoin (BTC) returned to $80,000 and Ether (ETH) reclaimed $2,550.

U.S. spot Solana funds took in $9.14 million on August 26, extending their run of positive sessions to seven, with Morgan Stanley's MSOL product accounting for $5.51 million of that.