TLDR
- Solana spot ETFs recorded 11 consecutive days of net inflows, adding $10.9M on September 1
- Total ETF net inflows reached $1.35 billion with combined assets of $1.39 billion
- SOL derivatives volume jumped 22% to $9.43 billion while open interest dipped slightly
- SOL is holding above the key $95 support level with breakout targets at $110 and $120
- Crypto analyst Wealthmanager sees $250 as a long-term price target if support holds
Solana (SOL) is trading around $99 after a mild pullback of roughly 3% in the past 24 hours. Despite the short-term dip, SOL is still up around 35% over the past two weeks.
The token slipped to $99.35 but held above the psychologically important $100 level for most of the session. Price has been fluctuating between $97.38 and $100.71.
US Solana ETFs Log 11 Consecutive Inflow Days
🚨JUST IN: @Solana U.S. spot ETFs have now logged net inflows for 11 straight trading days, adding another $10.9M yesterday. pic.twitter.com/X8m6ZXkeeh
— SolanaFloor (@SolanaFloor) September 2, 2026
US-listed Solana spot ETFs have now recorded net inflows for 11 straight trading sessions. On September 1, daily net inflows came in at $10.19 million, with the previous session adding $10.9 million.
Total net inflows across all products reached $1.35 billion. Combined assets under management stood at $1.39 billion, with daily trading volume at $68.55 million.
Bitwise led daily demand with $6.17 million in inflows, followed by Fidelity at $2.67 million. Morgan Stanley added $1.36 million, while other listed funds saw no new capital on the day.
Bitwise holds the largest position overall, with $949.83 million in assets and lifetime inflows of $1.03 billion. The streak points to steady institutional demand even during periods of price weakness.
Crypto analyst Ali Charts posted on X, telling followers to stop being bearish on Solana. He said the setup is turning bullish and that it may be time to lock in a position before the next major move for $SOL.
Stop being bearish on Solana $SOL.
The setup is turning bullish, and I think it's time to lock in before the next major move.
Here's why. https://t.co/ZSU7TWB6MP pic.twitter.com/3IvK1lq709
— Ali Charts (@alicharts) September 1, 2026
SOL Derivatives Show Rising Activity
Solana derivatives volume rose 22% to $9.43 billion, showing increased trader participation. At the same time, open interest fell 1.40% to $6.47 billion, suggesting some leveraged positions were being closed.
Options volume climbed 19.30% to $15.18 million. Options open interest edged up 2% to $135.98 million.
The Relative Strength Index sits at 62.15, having moved back from overbought territory. The Chaikin Money Flow reading of 0.25 suggests capital is still flowing into SOL.
Solana is holding above the $95 support level, which analysts consider key to maintaining the current recovery structure. A daily close above $100 would open the path toward resistance at $110.
A break above $110 with strong volume could set up a move toward $120. Crypto analyst Wealthmanager pointed to $250 as a long-term target if SOL successfully retests its former resistance zone as support following a macro downtrend breakout.
On the downside, a drop below $95 would expose SOL to the $90 level. A sustained move under $90 would shift focus back toward $80.
The most recent ETF data showed $10.9 million in net inflows on September 2, keeping the 11-day streak intact.
