Solana ETFs Fuel Price Recovery: Institutional Investors Drive Solana’s Surge

Institutional investors are fueling a resurgence in Solana prices as exchange-traded funds (ETFs) attract significant inflows. The surge comes amid renewed optimism about the network’s long-term potential, bolstered by strong technical signals and growing on-chain activity. Solana ETFs saw over $9.7 million in fresh inflows within just 24 hours, signaling a shift away from Bitcoin and Ethereum dominance. This influx of capital is driving liquidity and bolstering Solana’s position as a contender in the DeFi space.