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Solana price nears $83 as ARK Invest boosts Solana staking ETF despite slowing crypto ETF demand.

Market News
18 Aug 2026
Tokenpost
View Source
Bullish
pluang ai news

Solana's price rose nearly 1% to around $76, supported by Cathie Wood's ARK Invest increasing its holdings in the 3iQ Solana Staking ETF. Despite a slowdown in overall crypto ETF inflows, Solana ETFs still attracted over $10 million in weekly investments recently. Technical analysis shows a potential bullish breakout above $76 could push Solana's price to $83. However, network activity and total value locked in Solana's DeFi ecosystem have declined, reflecting broader trends in the crypto market.

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