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SOL closed at $105.59 on the 29th with a market cap near $60.8 billion, capping a 44.9% August gain that broke ten consecutive negative monthly returns, with an intraday high of $110.383 printed on the 27th. The move lines up with widening institutional distribution channels, ETF inflows, and supply-policy changes, meaning the bid looks flow-driven rather than purely retail beta to BTC. Confirmation requires sustained net creations in Solana ETFs and a hold above the $100 area into September; a return to net redemptions would re-expose SOL to the downtrend that dominated the prior seven months.
As a Crypto signal, watch whether it changes price action, volatility, or flows around SOL, BTC.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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