Solana (SOL) Price: SOL Hit $86 as ETF Inflows Reach $1.16 Billion — Is $100 Next?

20-Aug-2026 CoinCentral

TLDR

  • US Solana spot ETFs recorded $1.58 million in daily inflows on August 18, bringing cumulative net inflows to $1.16 billion.
  • SOL hit $86 on Wednesday before pulling back slightly to trade around $84.81.
  • Analysts are watching $100 as a key level, with a decisive break above it seen as a confirmation of a market bottom.
  • Long-term price targets from analyst Ali Charts sit at $295 and $400.
  • Analyst Michaël van de Poppe says SOL remains ready for a strong breakout upward.

Solana touched $86 on Wednesday before pulling back slightly, and is now trading around $84.81. ETF inflows continue to build as analysts watch the $100 level closely.

Solana (SOL) Price
Solana (SOL) Price

US spot Solana ETFs pulled in $1.58 million on August 18, according to SoSoValue data. That brings total cumulative net inflows to $1.16 billion since the products launched.

Total net assets across the Solana ETF products stood at $923.57 million, with $30.13 million in total value traded on that day.

Bitwise accounted for the full $1.58 million daily inflow on August 18. The other listed funds recorded no new net inflows for that session.

Prior inflow days included $8.83 million on August 10 and $1.43 million on August 11. There was a small outflow of around $859,450 on August 6, showing flow has not been one-directional.

Analysts Set $100 as the Key Level

Crypto analyst Ali Charts says he is watching $100 as the main level for SOL. A clear move above it would make him more confident the market has already found its bottom.

Rather than timing an exact low, Ali Charts says he has been gradually accumulating SOL using dollar-cost averaging, with a buying range between $40 and $70.

Wednesday’s $86 high puts SOL above that accumulation range, though the token still sits below the $100 threshold Ali Charts considers a key signal.

Ali Charts also outlined longer-term targets of $295 and $400, representing roughly 288% and 430% upside from his reference price. He described these as part of a long-term strategy that includes staking.

On staking, he used a gross yield of around 5.7% as an example. On 1,000 SOL, that would generate about 57 SOL per year before a 7% validator commission, leaving roughly 53 SOL kept.

Technical Picture Points Higher

Analyst Michaël van de Poppe posted on X that $SOL remains ready for a strong breakout upward, reflecting a bullish view shared by others in the market.

SOL is holding above both its 50-day EMA at $76.30 and its 100-day EMA at $78.41. The RSI sits near 72, in overbought territory, while the MACD shows a positive signal line.

The next resistance to clear is the 200-day EMA at $88.82, close to the 78.6% Fibonacci retracement at $90.21.

Wednesday’s push to $86 brought Solana closer to that resistance zone. A move through $88.82 would open the path toward the $98.41 swing high and the $100 psychological level.

On the downside, support sits at the 50% retracement level of $79.27 and the 100-day EMA at $78.41.

The cumulative Solana ETF inflow of $1.16 billion, Wednesday’s $86 high, and the current price of $84.81 remain the key figures traders are tracking.

The post Solana (SOL) Price: SOL Hit $86 as ETF Inflows Reach $1.16 Billion — Is $100 Next? appeared first on CoinCentral.

Also read: Zcash (ZEC) Price: ZEC Jumps 10% as Grayscale Moves Closer to Launching a Spot ETF
WHAT'S YOUR OPINION?
Related News