Solana Price Prediction: Is SOL the Most Undervalued Asset in Crypto Right Now?
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Solana spot ETFs recorded $8.8M in net inflows on August 11, the strongest daily inflow since May 12, while SOL trades at $75.87 holding the 0.382 Fibonacci level at $74.79. Price is compressing into the apex of an ascending triangle and analysts flagged a Tom DeMark buy signal and MACD golden cross with a $100 channel breakout target, suggesting ETF-driven demand and potential token upside for crypto adoption and DeFi activity.
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- SOL trades at $75.87 on August 11, nearly flat, holding the 0.382 Fibonacci at $74.79 with the ascending triangle nearing its apex
- Solana spot ETFs logged $8.8M in daily net inflows on August 11, the strongest single day since May 12 per Santiment
- Analyst Ali Charts flagged a Tom DeMark buy signal and MACD golden cross on SOL’s daily chart, targeting $100 on a channel breakout
The Solana price prediction just picked up its strongest ETF signal in three months, with spot funds pulling in $8.8 million on August 11, the biggest single-day inflow since May 12. SOL trades at $75.87, barely moved on the day, but pressing against the top of an ascending triangle that’s been tightening since June for a second straight session.
Solana Price Prediction Today: SOL Holds $75.87 at the Apex of an Ascending Triangle
The daily chart sh…
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