Solana hits seven-month high as ETF inflows surge
Solana (SOL)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Solana is the top-performing cryptocurrency among the top ten on a weekly scale. The token closed the previous week at $102.80, marking its highest close in seven months. Current valuations place SOL around $103, reflecting a 9% rise over the last seven days.
X user Ash Crypto highlighted this price milestone in his analysis. Institutional interest is growing, with spot SOL ETFs recording nine consecutive days of positive inflows. This streak is the longest since May of this year.
Major financial entities like Bitwise, Fidelity, Grayscale, VanEck, and Franklin Templeton offer these products. Bitwise’s BSOL product recently surpassed $1 billion in assets under management, becoming the most popular option. September historically favors the asset, adding another layer of optimism for the coming month.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 31 August 2026. Not the outlet's figures.
Whalio’s Binance spot data shows SOL trading at $101.75 with a 1-hour buy ratio of 52.1%. This short-term buying pressure contrasts with the 4-hour ratio of 48.8% and the 24-hour ratio of 47.8%, indicating fading momentum over longer intervals. The 1-hour volume delta is positive at $407,407, suggesting immediate buying interest. However, the 4-hour delta is -$999,930 and the 24-hour delta is -$9,153,728, showing net selling over the day. Cumulative Volume Delta closed at -$14,098,232, confirming that sellers dominated the session. Spot volume reached $217,485,681 across 879,686 trades.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Twenty-four hours later
What SOL did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 52.4%, compared to a 47.8% ratio in the last 24 hours. This 4.5-point drop in buying intensity marks a decline from the weekly norm. Weekly volume was 0.56x the average, indicating lighter trading activity. The coin saw net buying on 6 of the past 7 days, with a total volume delta of +$104,589,299. Price increased by 6.6% over the eight-day period, contrasting with the current day's negative delta.