SOLANA – How $ 13 million SSK ETF entry can Sol to $ 250 push

SOLANA – How $ 13 million SSK ETF entry can Sol to $ 250 push

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Important collection restaurants

Solana strike ETF SSK registers $ 13 million in inflow and $ 66 million record trade volume. Whale accumulation and technical outbreak patterns strengthen the case for a purpose of $ 250.


The first US Solana [SOL] Setting ETF, SSK by RexShares, has just posted his strongest day on record.

The product attracted $ 13 million in new inflow over the past 24 hours, while the trade volume rose to $ 66 million – the highest since the launch according to the recent Solanafloor report.

This sharp peak of question suggests that investors accelerate hunger for exposure to Solana via regulated investment products.

The move comes after SOL has collected 33% from an important technical support zone.

At the end of last week, the token of the Golden Fibonacci retracement range-one level that historically activated a strong order rally in the latest Sol Bullish cycle.

Source: TradingView

Solana Institutional Interests meets the accumulation of whales

Data on the chains shows that whales actively collect positions, as indicated by a rising exchange rate ratio, a metric that follows the share of the transactions of large holders.

This increase coincided with strong ETF intake, which suggests a coordinated effort by large players who possibly position for a possible outbreak.

Historically, when the whale activity and the ETF question are coordinated, Solana experienced competitive price increases.

At the time of the press, SOL-related inflow represent nearly 20% of the total management of SSK in control. This underlines the strong institutional interest that could continue with an up -like momentum.

Source: Cryptuquant

A confluence of bullish sentiments

Apart from ETF activity, the broader sentiment around Layer-1 networks has improved last week. Risk -etlust on the Altcoin market increases and Solana’s daily active addresses have a boost.

Ambcrypto analysis indicated that both 7-day advanced average and monthly active addresses detect.

This confirms the aforementioned bullish statistics and adds more probability for the projected rally at $ 250 in the near future.

Source: The Block

Solana investors still have to remain careful. SOL price promotion presents one The significant resistance zone is just below the level of $ 206, where taking a profit could temporarily block the momentum.

However, if the ETF intake maintains this pace and the whale recording continues, a push to the $ 250 can be on the horizon.

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