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Market NewsSolana jumped about 10.7% to roughly $112 after the SEC's tokenized-stock exemption, but its 0.97 seven-day correlation to Bitcoin and thin ETF flows show how much of the move is borrowed momentum.
Market NewsSOL has pulled back to the same 7-00 shelf that flipped from resistance to support twice during its August breakout, right as US spot Solana ETFs hold onto $1.38 billion in net assets.
Market NewsSOL swept stops below $74, reclaimed the level within hours, and now sits inside a bullish order block near $77. Here's the ICT and classical read across four charts.
Market NewsSolana trades at the $95–$96 zone on May 11, 2026, as Elliott Wave structure and $39M ETF inflows align with a key technical support floor.