
Solana spot ETFs have attracted over $1.06 billion in institutional inflows, with Bitwise's BSOL leading at $861 million. Open interest in Solana derivatives rose 29.5% to $6.4 billion this month, signaling renewed trader interest. SOL has broken a 231-day bearish trend against Bitcoin, with key technical support around $95-96 and potential targets near $120. This combination of ETF demand, derivative activity, and technical strength suggests a possible structural shift in Solana's market momentum.