Solana climbed 5% to $91.28, extending a four-day advance to roughly 21% in active trading and moving back above $90 for the first time in over three months. The upward movement followed the strongest net inflows into U.S. spot Solana exchange-traded funds in three weeks, totaling $14.59 million.
Market demand for the asset was supported by enhanced liquidity, while wider crypto market sentiment entered greed territory as the Crypto Fear & Greed Index rose above 72, its highest level since July 2025. During the same period, the broader cryptocurrency market rose 6.8% to a total capitalization of $2.6 trillion. Bitcoin increased by 8.49% to reach $79,500, and Ethereum remained above $2,400 following a recent surge. Market sentiment also shifted following the U.S. Treasury's move to double long-term bond buybacks to inject liquidity, alongside renewed attention on the CLARITY Act concerning U.S. cryptocurrency regulations.
U.S. spot Solana ETFs recorded $14.59 million in net inflows, marking their largest single-day inflow in three weeks. Grayscale's GSOL led the products with $7.14 million, followed by Bitwise's BSOL with $6.57 million and VanEck's VSOL with $877,630. Other listed funds recorded no new inflows. Total day trading value for the funds reached $75.52 million, with total net assets standing at $1.06 billion, representing 2.08% of Solana's market capitalization. Total cumulative inflows since launch reached nearly $1.18 billion.
On technical charts, Solana's price surged to $90.98 within a rising channel, reaching an intraday peak of $93.39 before retreating. The Relative Strength Index reached 89.62, placing the asset in the overbought region, while the Chaikin Money Flow registered at 0.28, indicating positive capital inflows.
