Overview

• The SSK ETF registered $13 million of net inflows and $60–66 million in trading volume on August 16, marking its strongest performance since launch.
• Solana’s price stabilized in the mid-$180s after defending the $175 support zone, retracing from a recent high near $205.
• On-chain data show elevated whale activity, with the Exchange Whale Ratio rising as large holders accumulate positions.
• Ecosystem fundamentals have improved with a 30% jump in DeFi total value locked, a 211% surge in app revenue capture, and $391 million in tokenized real-world assets.
• Analysts highlight a resistance band at $205–206 as the key breakout point, saying a decisive reclaim could open targets between $250 and $260 while a drop below $180 risks a pullback toward $160.