Solana crossed $109 on August 27, 2026, reaching its highest level since January 2026, an eight-month stretch. The SOL/BTC trading pair climbed approximately 45% over the preceding 30 days, pushing Solana’s market cap to roughly $60 billion. Tokenized real-world assets on Solana approached $4 billion, while Solana-linked ETFs reported inflows between $65 million and $95 million. Short liquidations exceeded $16 million on the day of the surge, adding upward pressure as traders were forced to buy back their positions. Technical analysts flagged overbought conditions with potential targets above $120 if momentum holds.
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