SOL Token Surges 5.29% as $19.2M ETF Inflows and Breakout Signals Fuel Market Rally

Solana (SOLUSDT) experienced a 5.29% price increase over the past 24 hours, rising from 129.08 to 135.91 USDT. The upward movement is attributed to several positive developments: strong institutional inflows into US-based Solana ETFs totaling $19.2 million, technical breakout signals with the price surpassing a key resistance trendline, increased trading volumes, and a notable surge in derivatives market funding rates that indicate diminishing bearish sentiment. Additional ecosystem activity, including new trading integrations and meme coin launches, has contributed to elevated market interest.

Currently, SOLUSDT is trading at 135.91 USDT on Binance, with a 24-hour volume of 3.71 million SOL (499.61 million USDT) and a circulating supply of approximately 561.34 million SOL. The market remains volatile, with a 24-hour high of 139.36 USDT and a low of 128.16 USDT, and overall capitalization near $78 billion.