Solana spot ETFs draw $8.8M, biggest net inflow since May

Solana spot ETFs posted $8.8 million in net inflows on Aug. 10, the largest since May 12, Santiment reported. Santiment said ETF fund flows, which had been relatively subdued over the past three months, appear to be picking up again. While SOL’s price has yet to show a clear move, key indicators across the Solana ecosystem have continued to grow, according to Santiment. Over the past few months, milestones in real-world asset value, stablecoin supply, tokenized stock trading volume and perpetual futures activity have supported network activity, while infrastructure upgrades have also continued. Santiment added the Alpenglow upgrade, aimed at improving network speed, targets transaction finality of about 150 milliseconds, and xStocks has been expanding access to stock tokens through Solana-linked infrastructure.