Solana price trade near $97 as crypto ETFs attracted $1.3 billion last week. Meanwhile, the broader crypto market fell 0.79% to $2.63 trillion.
Also, Bitcoin traded near $76,000. In addition, Ethereum held around $2,400 Similarly, XRP remained above $1.32. Meanwhile, today’s CLARITY Act vote needs 60 Senate votes.
Additionally, Republicans need at least seven Democratic or independent votes. This assumes all 53 party senators support the motion.
Why Solana price holds $100 matters
Crypto ETF inflows hit $1.3 billion last week. Consequently, this marked a sixth consecutive week of gains. Thus, total inflows reached $6.8 billion. For example, BlackRock’s IBIT alone raised $3.4 billion.
Meanwhile, the four-week average reached $1.5 billion. Notably, this is the first time since November 2025. However, Monday saw four outflow sessions over $463 million. Nevertheless, spot Bitcoin ETFs received $160 million. Similarly, spot Ether ETFs raised $121 million. Consequently, interest in crypto investment products revived.
Solana ETF inflows hit $11M as Bitwise leads
On September 14, Solana ETFs registered $11.01 million in net inflows. So far, cumulative inflows reached $1.37 billion. In addition, combined net assets rose to $1.46 billion.
Specifically, Bitwise’s BSOL topped demand at $7.10 million. Then, Grayscale’s GSOL followed at $3.91 million. Also, total trading value was $68.13 million. Therefore, institutional interest in Solana funds remains. Meanwhile, the products represented 2.38% of Solana’s market cap.
Solana price near $100 support as bulls target $110 breakout
Currently, SOL traded at $97.95on September 15. Specifically, it sat directly above the key $95 support on the 4-hour chart.
Meanwhile, the RSI is 36. Thus, that is below the midpoint. Consequently, this reading indicates weak demand. However, SOL has not hit oversold territory.
Meanwhile, the MACD histogram is just negative at -0.01. Meanwhile, the two underlying lines are near -0.25.
Therefore, bulls need a solid 4-hour close above $110. This would signal new strength. Additionally, the next resistance zone is $120. Thus, that could be the breakout target.
Nevertheless, SOL must first break selling pressure near recent swing highs. Meanwhile, the long-term prediction may fluctuate within its current range. This continues as long as SOL is rejected below $110.
However, failure to hold $95would undermine the structure. Then, it would reveal a new downside target of $90. Also, buyers can defend $95. Notably, that level justified the late-August improvement.
Therefore, a 4-hour close below $95 may indicate a deeper correction. On the other hand, holding $100 leaves room for another recovery attempt.