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Solana jumps 11% to $112 amid strong ETF demand and institutional growth

Market News
18 Sep 2026
UToday
View Source
Bullish
Solana jumps 11% to $112 amid strong ETF demand and institutional growth

Solana surged 11% to $112, its highest since January, driven by strong trading in the Bitwise Solana Staking ETF (BSOL) which hit $85 million in volume. The rally was fueled by a massive short squeeze, growing institutional adoption, and technical upgrades including faster transaction times. Recent partnerships, like with Allfunds, and real-world asset growth on Solana's network also supported the price surge. This momentum reflects increased ETF demand and expanding use cases beyond speculation.

Solana's market cap on Pluang stands at Rp1.179,55 trillion as of Sep 19, 2026 02:32 WIB, highlighting its significant presence in the crypto market. The token's price is Rp2.014.614 with a strong 1-day gain of 12.51%, showing robust investor interest alongside a 24-hour trading volume of Rp105,08 trillion. Pluang users show a balanced order activity with 54% buying and 46% selling, and a typical hold time of 70 days, indicating steady engagement with Solana amid its recent rally.

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