Solana ETF capital inflows reach a one-month high, with prices approaching $100

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CryptoWorld News reports that, according to CryptoWorld data, Solana (SOL) traded above $95 on Monday, up nearly 15% over the past week. Last week, Solana exchange-traded fund (ETF) recorded a net inflow of $39.23 million, marking the highest weekly inflow since mid-January, indicating a rebound in investor confidence. Continuous capital inflows may provide additional upward support for SOL. CryptoQuant data shows that conditions in the spot and futures markets are cooling down, with buyer-dominated activity in futures indicating further potential for gains. Solana’s funding rate turned positive on Sunday and rose to 0.0067% on Monday, suggesting that long traders are paying shorts to maintain their positions. Open interest (OI) in Solana futures increased from $4.83 billion on May 5 to $6.46 billion, demonstrating ongoing new capital entering the market and strengthening the bullish momentum.

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