Solana has attracted attention after rising above $100, due to institutional demand and ETF inflows, a development showing it's ready to test higher levels.
- Solana's price has surged above $100, driven by significant institutional demand and strong inflows into spot Solana ETFs.
- Increased on-chain activity and substantial USDC issuance on the Solana network indicate growing ecosystem usage and smart money accumulation.
- The current bullish momentum suggests Solana is poised to test higher price levels, with key resistance points identified around $105-$110.
Topics: Institutional adoption, Scalability, Blockchain usage, Institutional capital inflows, Growth metrics, Ethereum evm l 1 s
Tags: #solana #sol #etfinflows #liquidity #usdc #onchaintransactions #institutionaldemand #pricemomentum #blockchain
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