Solana’s leveraged trade found fresh backing at month‑end as ProShares Ultra Solana ETF, SLON, attracted $548,449 in new money on March 31, 2026. The inflow lifted the fund’s assets under management to $21.28 million, with the latest subscription wave equal to roughly 2.58% of its total capital base, a notable swing for a niche crypto‑linked product.
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The move comes even as the related asset, SOL-USD, trades under pressure at $80.38 after tumbling about 41% over the past three months. Short‑term momentum remains bearish, with the 1‑day technical signal flashing Strong Sell, suggesting that buyers in SLON are either positioning for a contrarian rebound or leaning into volatility rather than near‑term strength.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.