SOL’s next stop could be $300: 3 forces shaping Solana’s next major rally

SOL’s bull case is supported by a rising TVL and DEX activity, along with strong institutional demand and investors’ hope for spot ETF approvals.

Key takeaways:

Solana ETFs and ETPs recorded $706 million in weekly inflows, outpacing XRP’s $219 million, per CoinShares.

SOL funding rates stayed below the 6% neutral level, signaling reduced appetite for leveraged bullish positions among traders.

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