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Solana ETFs see record $188M inflows as SOL price breaks $120, signaling strong bullish momentum.

Market News
28 Sep 2026
Blockonomi
View Source
Bullish
Solana ETFs see record $188M inflows as SOL price breaks $120, signaling strong bullish momentum.

Between September 21-25, 2026, Solana ETFs attracted a record $188.21 million in weekly inflows, led by Bitwise's BSOL capturing $128.46 million. SOL price rose modestly to $121.69 after breaking the $94.85 resistance, supported by strong DeFi growth from $4.7B to $6.7B in total value locked. Derivatives open interest hit $7.5 billion with $12 billion in trading volume, indicating fresh leveraged positions. Technical indicators and network activity suggest continued bullish momentum, with key price targets up to $1,000 being discussed by analysts.

As of Sep 28, 2026 14:31 WIB, Solana (SOL) trades at Rp2.127.565 on Pluang, showing a 1-day decline of 2.28%. Despite the recent record ETF inflows and bullish sentiment highlighted in the news, Pluang order activity currently leans heavily towards selling at 71%, with a typical hold time of 70 days. SOL's market cap stands at Rp1.254,23 trillion, reflecting its significant presence in the Indonesian retail investment market.

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