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Solana nears $90 as ETF inflows and strong network activity boost momentum.

Protocol Fundamentals
18 Apr 2026
Tokenpost
View Source
Bullish
pluang ai news

Solana (SOL) is trading near $89, supported by rising ETF inflows, strong on-chain activity, and liquidation of short positions, pushing it close to the $90 resistance level. The network recorded a quarterly activity high of $1.1 trillion in Q1 2026, with increased transactions and active addresses, while 68% of SOL is staked, reducing liquid supply. Institutional interest is growing with significant corporate holdings and ETF inflows surpassing $1 billion. If SOL breaks above $90 with sustained volume and inflows, it could target $120, though volatility risks remain near this key level.

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