Bitwise: 1.27M SOL Inflows Lift Validator to 5th
Bitwise Onchain Solutions validator records 1.27M SOL net staking inflows in August, ranking 5th on Solana as price holds $100.94 with EMA50 support at $100.84.
SourceAnalysis
Bitwise Onchain Solutions validator posted a record 1.27M SOL in net staking inflows during August, the highest monthly total year to date and enough to secure fifth place among all Solana validators. SOL trades at $100.94 inside its Bollinger band with the 50-EMA at $100.84 acting as immediate support while the 200-EMA sits at $88.36. Momentum shows RSI(14) at 40.98 in neutral territory yet MACD registers a death cross at -0.1, signaling short-term pressure that could drive price toward the lower band at $100.79 before any rebound. Institutional flows into top validators like Bitwise continue to shape SOL price prediction models and broader crypto staking trends even as BTC dominance influences risk appetite across the sector.
Matt Hougan
@Matt_HouganBitwise Invest's CIO and FutureProof co-founder, former ETF.com CEO bringing deep investment expertise to digital assets.