Solana (SOL) Eyes $100 Milestone as ETF Inflows Surpass $1.16 Billion

Key Highlights

Table of Contents

Solana spot ETFs in the US saw $1.58 million in net inflows on August 18, pushing total cumulative inflows to $1.16 billion.
The price of SOL peaked at $86 on Wednesday before retracing to approximately $84.81.
Market observers identify $100 as a critical threshold, with a sustained breach signaling potential market bottom confirmation.
Crypto analyst Ali Charts projects long-term price objectives of $295 and $400 for Solana.
Trader Michaël van de Poppe maintains a bullish outlook, anticipating a significant upward breakout for SOL.

Solana’s price action reached $86 during Wednesday’s trading session before experiencing a modest pullback, currently hovering near $84.81. Meanwhile, institutional interest via ETF products continues strengthening as market participants focus on the pivotal $100 price threshold.

Data from SoSoValue indicates that US-based Solana spot ETF products attracted $1.58 million in fresh capital on August 18. This addition elevates the aggregate net inflows to $1.16 billion since these investment vehicles launched.

The combined net assets under management for all Solana ETF offerings reached $923.57 million, while trading volume for the day totaled $30.13 million.

Bitwise was solely responsible for the entire $1.58 million in daily inflows on August 18. Other providers within the space reported zero net movement during the same period.

Historical data reveals inflows of $8.83 million on August 10 and $1.43 million on August 11. A minor outflow of approximately $859,450 occurred on August 6, demonstrating that capital flows haven’t been exclusively positive.

$100 Emerges as Critical Price Threshold

Cryptocurrency market analyst Ali Charts identifies $100 as the pivotal level for Solana. According to his analysis, a convincing breakout above this price point would strengthen his conviction that the market has established its bottom.

SOLANA READY TO PUMP: WHAT I’M DOING

As I mentioned before, $SOL appears to be setting up for a bullish breakout, with $100 as the next major level I'm watching.

Whether the bottom is already in remains to be seen. Instead of trying to time it perfectly, I've been slowly… https://t.co/I0VsPps88Y pic.twitter.com/7W9Tph26l1

— Ali Charts (@alicharts) August 19, 2026

Instead of attempting to pinpoint an exact bottom, Ali Charts revealed he’s been systematically accumulating SOL through dollar-cost averaging, with purchases concentrated between $40 and $70.

The Wednesday peak of $86 positions SOL above his accumulation zone, although the token remains beneath the $100 marker he views as a significant confirmation signal.

Looking further ahead, Ali Charts outlined extended price objectives at $295 and $400, which would represent approximately 288% and 430% gains from his baseline price. These targets form part of a comprehensive long-term approach that incorporates staking rewards.

Regarding staking mechanics, he referenced a gross annual yield of approximately 5.7%. For a position of 1,000 SOL, this would yield about 57 SOL annually before deducting a 7% validator fee, netting approximately 53 SOL retained.

Technical Indicators Suggest Bullish Continuation

Trader Michaël van de Poppe shared on X that $SOL continues positioning itself for a substantial upward move, echoing the bullish sentiment prevalent among several market participants.

$SOL remains to be ready for a strong breakout upwards. pic.twitter.com/ExEWbmNNjr

— Michaël van de Poppe (@CryptoMichNL) August 19, 2026

SOL maintains its position above both the 50-day exponential moving average at $76.30 and the 100-day EMA at $78.41. The Relative Strength Index registers near 72, entering overbought conditions, while the MACD displays a bullish signal configuration.

The immediate resistance barrier lies at the 200-day EMA of $88.82, which aligns closely with the 78.6% Fibonacci retracement level at $90.21.

Wednesday’s advance to $86 brought Solana within striking distance of this resistance area. A successful breach of $88.82 would establish a pathway toward the $98.41 swing high and the psychologically significant $100 mark.

For downside protection, support levels exist at the 50% Fibonacci retracement of $79.27 and the 100-day EMA positioned at $78.41.

The $1.16 billion in aggregate Solana ETF inflows, Wednesday’s $86 peak, and the current trading price of $84.81 represent the primary metrics under close observation by market participants.

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