Solana shares rise 13.51% after-hours as $599M ETF inflows drive institutional buying.

Solana surged 13.51% in after-hours trading, driven by a 29-day streak of uninterrupted ETF inflows totaling $599.1 million, reflecting strong institutional conviction. Reports highlighted that traditional finance (TradFi) institutions accumulated over $121 million in fresh capital during the week, with funds like Bitwise’s BSOL leading single-day inflows. Analysts attributed the rally to Solana’s dominance in high-speed blockchain execution and its adoption as a blue-chip DeFi infrastructure token, supported by custody infrastructure and ETF-driven stability. The price rebound above $130–$135 support, coupled with rising on-chain activity (e.g., DEX volume, NFT trading, and developer projects), reinforced institutional confidence. This accumulation phase, combined with a macro shift from retail panic to long-term ownership, positioned Solana for a potential breakout above $145–$148, aligning with its 2026 bullish price targets.