SOL was re-posted after a continuous rebound of $100, ending the clean-up area that had been under pressure for months before. With the recovery in prices, the inflow of cash Solana ETF has increased, futures and options have been significantly amplified, and the market focus has shifted to a new support position of $100.
ETF flows continue to increase
On 24 August, the spot Solana ETF received a net one-day inflow of $33.49 million. The cumulative net inflows of real-time Solana ETFs from the United States have risen to approximately $122 billion, according to the figures. Last week's related ETF inflows totalled $28.34 million, the strongest single-week performance since mid-May, with four consecutive trading days recording net inflows.
The return of funds was seen as one of the important underpinnings of the rebound. According to the article, while prices were accelerating, ETF provided SOL with a more stable channel of demand.
Network upgrades to provide basic support
In addition to the funding, the Solana main network has recently advanced its upgrade. Agave 4.2 has access to the main network, which contains a number of code requirements for subsequent upgrades, with a focus on higher transaction capacity and a step-by-step reduction in the number of blocks.
According to the text, the main network slot time will advance from 400 milliseconds to 200 milliseconds after the function is gradually activated. At the same time, Solana is preparing to upgrade the next generation of consensus, Alpenglow, with the goal of reducing the final confirmation time to approximately 150 ms, with the main line time expected in the third quarter of 2026.
Synchronization of derivatives trading
After the price breakthrough, the market dynamism of derivatives increased significantly. Within 24 hours, SOL futures traded increased by 78.14 per cent to $15.3 billion; the number of open contracts increased by 12.65 per cent to $6.66 billion.
- Growth of options 70.59 per cent to $33.8 million
- 6.63 per cent to $151.85 million for unwinded contracts
The rise in unsettled contracts means that more leverage positions are entering the market. This round is expected to continue if spot demand continues to improve and prices remain stable above $100; if prices quickly fall back to the previous period, the leverage position may also magnify the fall.
It's gonna be $105 to $110.
According to the article, SOL had previously built gradually in the vicinity of $65 to $70, then recovered the 85 to 90-dollar area and continued to organize it under the above supply zone. The latest round of increases touched on US$ 103.08 and then fell around US$ 101.70.
From the region, 105 to 110 dollars is the next major drag zone. If $110 is valid at the solar line level, the market focus could shift further to $120. Below is a look at whether the $100 to $102 area can be secured; if it fails, $85 to $90 will become a more critical structural support.
Overall, SOL has crossed the integer threshold of the current rehabilitation phase, but the success of this breakthrough will depend on whether it will be put back to the test near $100.
