$SOL Solana Price Climbs as Institutional Demand Grows — $40M SOL Staking ETF Inflows Signal Strong Momentum

Solana recovers to $155 with support from the 50- and 100-day EMAs.

On its second day, Solana staking ETF inflows top $40 million.

SSK, the first US-regulated Solana ETF, combines access and staking incentives.

Solana (SOL) rose over 2% to $154 on Wednesday, indicating positive potential. After a sharp slump from $187 in May to $125 on June 22, the smart contract token recovered.

Due to institutional interest in tokenized real-world assets (RWAs) and exchange-traded funds, the price rose 22% off the range low.

Solana ETF receives $40 million.

The Solana staking ETF, SSK, debuted on Tuesday, offering institutional and individual investors access to smart contract assets. This product offers spot asset SOL exposure and staking rewards in the conventional financial market.