Solana Holds $72 Support as Network Upgrade and ETF Inflows Strengthen Fundamentals

Solana (SOL) is trading in a tight range around $74 even as the network pushes through a major capacity upgrade and U.S.-listed spot ETFs continue to post steady inflows—an unusual split between weakening medium-term price structure and strengthening fundamentals.

As of Wednesday 07:00 UTC (Tuesday 5:00 p.m. KST), SOL changed hands at $74.56, up 2.16% on the day but down 1.94% over the past week. Trading activity picked up, with 24-hour volume rising 19.01% to about $1.85 billion, suggesting short-term positioning is intensifying around a key technical inflection zone.

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