Solana (SOL) recorded net ETF inflows of $8.8 million on Tuesday, the highest single-day figure in three months, even as the token's price slipped 1.16% to $74.88. The broader cryptocurrency market also faced headwinds, with aggregate market capitalization declining 0.6% to $2.17 trillion.

The inflow total, based on Santiment analytics, represents the largest since May 12 and surpasses all daily figures recorded throughout June, July, and the first weeks of August. The capital movements arrived as SOL traded near $76.44, indicating renewed institutional interest despite ongoing market volatility. ETF flows are widely tracked as a proxy for institutional sentiment, and the divergence between positive inflows and a declining spot price suggests that longer-term positioning by fund investors can run counter to short-term market direction. ETF flows have fluctuated in recent weeks, with some sessions posting modest outflows.

MoneyGram Integrates Solana for Cash-Based Conversions

On August 11, MoneyGram announced that its Ramps platform now supports the Solana blockchain. The service, previously exclusive to Stellar, allows Solana-based wallets, trading platforms, and application developers to facilitate bidirectional conversions between physical currency and digital assets. The expansion beyond Stellar reflects a broader trend among legacy payment companies evaluating multiple blockchain networks to reach users who transact primarily in cash, particularly in regions with limited banking infrastructure.

BREAKING: @MoneyGram Ramps is live on Solana. 60M+ customers, nearly 500,000 retail locations, 170+ countries. One of the world's largest payments networks is now a single API away for every builder on Solana. pic.twitter.com/TSOhIpBjvz

— Solana (@solana) August 11, 2026

Rift wallet became the first Solana application to implement MoneyGram Ramps functionality. MoneyGram serves more than 60 million users through approximately 500,000 physical retail locations across over 170 countries worldwide.

The Ramps infrastructure supports cash deposits in more than 25 territories and cash withdrawals in over 170 countries and regions. Developers can integrate this capability through the Solana Developer Platform's payments module, eliminating the need to build proprietary financial infrastructure.

MoneyGram had previously joined the Solana validator network in June, committing SOL tokens as stake and participating in transaction validation. The combination of validator participation and the Ramps integration signals deepening operational involvement with the Solana ecosystem beyond a purely transactional partnership.

Technical Analysis and Market Outlook

On the four-hour chart, SOL briefly advanced to $77.40 before encountering resistance that pushed prices back toward the $75 level. The MACD indicator currently sits at 0.19, below the signal line at 0.46, with the histogram at -0.27, reflecting short-term downward momentum.

The Relative Strength Index has fallen to 44.46, dropping below the 50 midpoint and signaling weakening buyer participation. Key support stands at $74; losing that level could expose SOL to further declines toward $73 or $72. Resistance levels are positioned at $77, $90, and $100.

Trading analyst Bluntz (@Bluntz_Capital) noted on X that SOL is exhibiting "strong price action" and identified a weekly bullish divergence pattern that may indicate a bottoming formation. He described the current phase as an accumulation period.

strong pa on $SOL here, liking it alot, its been somewhat boring because we are likely still in an accumulation period but ppl have already conveniently forgotten theres a weekly bull div there likely marking the bottom pic.twitter.com/WQZCJ4zaOG

— Bluntz (@Bluntz_Capital) August 11, 2026

A sustained move above $75 would mark the first sign of renewed buying momentum, with $76 and $77 acting as immediate resistance barriers. A breakout above $90 could set a path toward the $100 milestone. SOL was last trading at $78.33.

Source: Blockonomi