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Leveraged Solana Bet Draws Fresh Cash as Traders Look Past Recent Slump

Leveraged Solana Bet Draws Fresh Cash as Traders Look Past Recent Slump

Solana’s 2x bet is back in fashion. The 2x Solana ETF, SOLT, recorded fresh inflows of $4,039,164 on May 01, 2026, marking a notable vote of confidence despite recent volatility in the underlying token. The leveraged product now oversees $145.23 million in assets, with the latest flow equal to roughly 2.78% of its total AUM.

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That size of daily allocation suggests traders are tactically re‑risking into Solana exposure, using leverage to capture potential upside after a bruising quarter. The related asset, SOL-USD, is currently trading at $84.05, down about 14.30% over the past three months, even as speculative interest in derivatives and ETFs has remained elevated.

Short-term signals, however, remain cautious. The one-day technical read on Solana flashes a Sell, underscoring lingering downside pressure that may test the conviction of newly added leveraged positions. Still, inflows into SOLT hint that some investors are positioning ahead of a potential sentiment turn, banking on a rebound rather than further capitulation.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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