🚀 #solana surges +12% in 24H
The strongest among the top 10 cryptos, while BTC stays flat.
- $3B+ inflows into newly launched leveraged $SOL /XRP ETFs drive institutional exposure.
- Broke above $186.85 (key Fib resistance), opening path toward $200+.
- Short positions hit hard- one hedge fund’s SOL/ETH shorts reportedly down $245M.
- 24H spot volume hit $11.47B, surpassing Ethereum’s $8.88B.
ETF flows are adding direct buy pressure while signalling a shift toward high-beta alts.
Early-stage rotation + technical breakout = momentum watch.
Key level: $186.85 support ahead of SEC’s Aug 15 commentary on staking in ETFs.