$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