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Solana Price Holds $100 as Crypto ETF Inflows Reach $1.3B

Solana Price Holds $100 as Crypto ETF Inflows Reach $1.3B. Source: EconoTimes

Solana price remained above the critical $100 level as crypto ETFs recorded $1.3 billion in weekly inflows, extending their positive streak to six consecutive weeks.

SOL traded around $100.86 on September 15 despite weakness across the broader cryptocurrency market, which declined 0.79% to $2.63 trillion. Bitcoin hovered near $77,000, Ethereum traded around $2,478, and XRP stayed above $1.40.

Investor attention is also focused on the CLARITY Act procedural vote in the U.S. Senate. The measure requires 60 votes to advance to debate. With 53 Republican senators, supporters would need at least seven votes from Democrats or independents if every Republican backs the motion.

Meanwhile, crypto investment products continue to attract substantial capital. Crypto ETFs received $1.3 billion in inflows last week, marking their sixth straight positive week. Cumulative inflows during that period reached $6.8 billion, while BlackRock’s IBIT accounted for $3.4 billion.

Demand also extended to Solana ETFs. Data from SoSoValue showed that Solana ETFs recorded $11.01 million in daily net inflows on September 14, pushing cumulative inflows to $1.37 billion and combined net assets to $1.46 billion.

Bitwise’s BSOL led the session with $7.10 million in inflows, followed by Grayscale’s GSOL with $3.91 million. Total daily trading value reached $68.13 million, highlighting continued institutional interest in Solana-linked investment products.

From a technical perspective, $100 remains a crucial support level for SOL. The four-hour Relative Strength Index stood at 39, signaling weak momentum without reaching oversold territory. The MACD histogram was marginally positive at 0.01.

A sustained four-hour close above $110 could strengthen the bullish outlook and potentially open the way toward $120 resistance. However, failure to defend $100 could expose SOL to $95, a level that previously supported its late-August recovery.

A four-hour close below $95 could deepen the correction, while continued support above $100 would keep another Solana price recovery attempt in play.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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