Solana Breaks Key Downtrend as ETF Inflows and Institutional Demand Rise

Solana (SOL) has climbed back above $95 after breaking out of a year-long downtrend, with rising spot ETF inflows and improving derivatives metrics reinforcing a renewed bout of ‘institutional demand’ across the layer-1 market.

As of Sunday, May 11 (UTC), SOL was trading at $95.17, up 13.32% over the past week. The token has gained 13.14% in the last 30 days and is up nearly 50% from its recent local low, according to market data cited in the report. Activity also accelerated sharply, with 24-hour trading volume reaching $5.32 billion—up roughly 65.9% day-over-day—signaling a decisive shift…  Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied