Solana (SOL) edges lower on Tuesday, following a 3% rise to start the week, extending its consolidation around the $100 psychological mark.
Solana (SOL) edges lower to $94 on Monday, following a 27% rebound last week to a two-month high. SOL-focused Exchange Traded Funds (ETFs) recorded four consecutive days of inflows last week, totaling $28.34 million, suggesting renewed institutional buying.
Solana (SOL) steadies at $78 on Wednesday, up over 2% so far this week. Institutional demand shows positive signs with SOL spot Exchange Traded Funds (ETFs) recording a second consecutive day of inflow this week. In addition, strengthening derivatives metrics support further gains ahead.