via Cointelegraph · By Cointelegraph Staff
Solana ETF Inflows Hit February High: Is $120 Next?
SOL/USDT
$961,412,632.79
$76.55 / $74.33
Change: $2.22 (2.99%)
-0.0004%
Shorts pay
The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets.
The rise in market activity comes alongside Solana’s 15%…
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