Solana (SOL) has extended its rally, climbing above the $100 mark after gaining more than 4% over the past day and registering a 17% rise over the last week.
ETF inflows, institutional demand boost SOL
Fresh inflows into US-based spot Solana exchange-traded funds (ETFs) have fueled demand for SOL, with CoinGecko data showing the token traded at $101.14 on August 27 after peaking above $102 in the latest leg higher.
From a low near $86 on August 20, Solana has advanced over 32% in the past 14 days and 38% over the last 30 days.
ETF data indicates net inflows of $9.14 million on August 26, including $5.51 million for Morgan Stanley’s MSOL and $2.65 million for Bitwise’s BSOL. Cumulative net flows now total around $1.26 billion across US-listed products. Notably, August 24 saw $33.5 million in inflows, the highest single-day total in 2026, with BSOL dominating the activity at $25 million.
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AAPLIncreased institutional participation has accompanied this surge. Galaxy’s newest offering, the GalaxyOne Crypto Portfolio Line of Credit, enables clients to borrow against Bitcoin, Ether, and Solana—including staked assets—at an 8.99% APR and with no origination fee. The service, available with an initial loan-to-value ratio of 50%, allows staked SOL collateral to continue earning rewards, while pledged assets remain off limits for rehypothecation.
Mini dictionary: Solana is a high-performance blockchain platform known for fast transaction processing and low fees, widely adopted for DeFi, NFTs, and tokenized assets.
Network activity and protocol upgrades
Alongside the price rally, Solana’s network activity has reached new highs. Solana Compass reported the blockchain processed 4.2 billion non-vote transactions in July, a 13.5% increase over June and up 91% from December 2025. Average non-vote throughput reached 1,584 transactions per second for the month.
The volume of tokenized real-world assets on Solana is approaching $4 billion, while weekly non-vote transactions hit a record 1.318 billion during August 17 to 23. The network’s recent SIMD-0286 upgrade increased the mainnet block compute limit from 60 million to 100 million compute units, further expanding capacity.
Solana Compass data highlighted that July saw a record 4.2 billion non-vote transactions, reflecting both rising adoption and increased on-chain activity as network upgrades took effect.
Debate on supply changes and burn proposals
Solana validators are currently weighing two proposals—SGP-0002 and SGP-0003—that could reshape the supply structure of SOL. SGP-0002 suggests doubling the annual disinflation rate from 15% to 30%, enabling the network to hit its 1.5% terminal inflation rate by 2029, rather than 2032.
SGP-0003 would overhaul the blockchain’s fee system, burning a portion of transaction fees permanently. If enacted, daily SOL burns could rise to 7,500–9,000 tokens from the current 650 SOL. This adjustment could significantly alter the token’s supply trajectory and price dynamics.
| Proposal | Main Change | Potential Impact |
|---|---|---|
| SGP-0002 | Double annual disinflation to 30% | Terminal inflation at 1.5% by 2029 (vs. 2032) |
| SGP-0003 | Permanently burn a portion of network fees | Daily burns up to 9,000 SOL (vs. 650) |
SOL price outlook: key levels and momentum
The daily chart illustrates that SOL broke above $100 after rebounding from the low-$70 region earlier this month. The Supertrend indicator remains bullish, with support at $86.56. SOL’s current price near $101.42 is about 17% above this key support level, indicating continued upward momentum.
The 20-period Chaikin Money Flow stands at 0.30, well above its zero line, demonstrating strong buying interest. As volume expanded during the rally from $70 into triple digits, the $102–$104 area has emerged as immediate resistance, with price action already testing this range.
A confirmed breakout could set the stage for moves toward $108 and potentially the psychological $110 level. On the other hand, failure to sustain above $102–$104 would bring $100 back into focus, with further support at $96 if selling pressure mounts again.
On the 4-hour chart, SOL trades close to its volume-weighted average price (VWAP) around $101.36. Momentum, as measured by the Williams %R, has quickly recovered from recent lows to about -19.8, placing it near overbought territory as SOL retests major resistance zones. Should bulls push past $104, the next objectives remain $108 and $110. If not, areas near VWAP and previous supports could come into play.
Technical indicators point to continued bullish structure for SOL above $100, with potential upside targets at $108 and $110 if resistance levels are breached and buying momentum persists.
