Solana gains 70% over 60 days as ETFs buy $271,000,000 of $SOL in September

AI Market Summary
SOL's 70% rally over the past 60 days is being reinforced by renewed institutional demand: ETFs reportedly net bought $271M of SOL in September, the largest monthly accumulation in 10 months. The flow signal suggests improving risk appetite and deeper spot support, which can tighten supply and raise sensitivity to further fund rebalancing or broader crypto risk-on sentiment in the near term.
Impact level
● Medium
Affected assets
SOL/USDT-0.03%
AI Insight · SOL/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Solana (SOL) has climbed 70% over the past 60 days. In September, exchange-traded funds (ETFs) recorded net purchases of $271,000,000 worth of SOL. The buying marked the largest monthly inflow in 10 months. The data point to strong institutional demand for the asset.