Solana Staking ETF Inflows $13M, Whales Push SOL to $250
REXShares’ Solana Staking ETF (SSK) drew $13 million in 24-hour inflows and $66 million in trading volume, marking its highest performance since launch. Solana Staking ETF inflows now account for nearly 20% of SSK’s assets under management, underscoring growing institutional demand. On-chain data show a rising Exchange Whale Ratio as large holders accumulate SOL. The influx of ETF capital and whale activity has lifted SOL by 33% from its Fibonacci support zone. Broader altcoin market bullishness is reflected in rising daily active addresses and improved risk appetite. Technical resistance at $206 may cap near-term gains, but sustained Solana Staking ETF inflows and continued whale accumulation could propel SOL toward the $250 target. Traders should watch ETF net flows, whale wallet metrics and key support and resistance levels for potential entry points.
Bullish
The surge in Solana Staking ETF inflows and record trading volume signal robust institutional demand, while on-chain whale accumulation and a 33% rebound from Fibonacci support underline strong market conviction. Although $206 serves as near-term resistance, continued ETF capital and large-holder buying could drive SOL toward $250, presenting bullish prospects both short-term and long-term as ETF traction and whale activity suggest sustained upward momentum.