Solana (SOL) is trading around $75 on Tuesday after posting three consecutive green candles since the weekend, signaling a strong recovery phase following recent weakness. The rebound is being supported by renewed institutional interest, with spot Solana exchange-traded funds (ETFs) recording net inflows of $2.8 million on Monday. On the technical side, easing bearish momentum indicators suggest SOL may have room to extend its short-term rebound. ETF inflows signal early institutional rebound Institutional demand for Solana began the week on a positive note. According to CoinGlass data, spot Solana ETFs recorded $2.8 million in net inflows on Monday, reversing the previous week’s $2.6 million in outflows.
Source: Read the original article
