$SOL

SOL

87.56

+3.24%

Solana (SOL-USD) is trading around $210 after rebounding from August’s $155 low, marking a 36% recovery in just four weeks. The rally has been underpinned by aggressive institutional inflows, with Pantera Capital unveiling a $1.25 billion Solana-focused fund. This comes as open interest in Solana futures hit a record $13.68 billion, showing speculative demand is peaking. The coin’s current market cap sits above $92 billion, making it the fifth-largest cryptocurrency, but the underlying signals suggest a market caught between bullish momentum and weakening on-chain activity.

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