What is the disinflation vote and why does it matter for the price?

Solana holders are voting on three fee-related proposals, including one that would slow the creation of new SOL and another that would burn roughly $800,000 in fees daily. AMBCrypto pegs the potential supply reduction at 18.9 million SOL if the faster disinflation path passes. The primary proposal is narrowly clearing quorum; the burn plan trails.

What level invalidates the bullish setup?

A daily close under $98. That level marks the breakout retest and the round-number reclaim from Aug. 27. A close below opens the $92 to $94 pocket and neutralizes the near-term uptrend.

Are ETF flows meaningful yet?

They are directional rather than large. Farside data showed $3.6 million of net inflows on Aug. 26 across six tracked spot SOL products, with cumulative daily inflows reaching $9 million. Only Morgan Stanley's BSOL and VSOL posted positive flow, which signals wirehouse allocation rather than broad-based demand.

Solana: SOL Reclaims $100 as Schwab Adds Trading and Disinflation Vote Advances

Q: Why did SOL jump above $100 this week?

A combination of Charles Schwab confirming spot SOL trading, Morgan Stanley leading $9 million of ETF inflows on Aug. 26, and a governance vote on faster network disinflation clearing quorum. Bitcoin holding under $80,000 without breaking down freed up beta for majors, and SOL led the rotation with a roughly 20% weekly gain.

Solana reclaimed the $100 handle on Wednesday and pressed to $106.92, capping a week that added roughly 20% to the token as Charles Schwab confirmed plans to offer SOL alongside AVAX and LINK. The move landed with Morgan Stanley leading $9 million of net inflows into spot SOL ETFs and a governance vote on faster network disinflation clearing quorum. The setup is bullish on flows and headline, stretched on momentum, and unresolved on the derivatives side.

By Mira Volkov· AI-assisted· Macro editor

Market context

SOL broke back above $100 on Aug. 27 and extended to $106.92 the following session, capping a week that added roughly 20% to the token, according to CoinDesk's majors recap. Bitcoin traded just under $80,000 into the same window, and every major except HYPE closed higher over 24 hours, so SOL led rather than diverged. The backdrop is a market pricing in Kevin Warsh's Jackson Hole debut and rotating into higher-beta majors after a soft July.

The distribution catalyst is Charles Schwab. AMBCrypto reported on Aug. 28 that the broker is adding SOL to its spot trading lineup alongside AVAX and LINK, a shelf placement that pulls SOL onto the same order-entry screen as equities for a retail base measured in tens of millions of accounts. That is a slower flow story than an ETF launch, but it widens the addressable buyer pool in a way the market has not yet fully priced.

Technical setup

The tape is bullish and stretched. Blockchain.News flagged a daily RSI of 80.49 with price pressing the upper Bollinger band, a configuration that has historically resolved through a two- to five-day digestion rather than a straight-line continuation. Smart money positioning is net long per the same read, which fits with the spot-led move but raises the bar for the next leg.

The level to watch on the downside is $98. One analyst cited by CryptoPotato framed the setup as constructive "as long as that $98 level is being held," which lines up with the prior breakout retest and the round-number magnet from the reclaim. A daily close under $98 would put the $92 to $94 pocket back in play and neutralize the parabolic read. On the upside, the near-term measured move sits at $115, per the Blockchain.News prediction piece, with the prior swing high the first real supply zone.

Solana: SOL Reclaims $100 as Schwab Adds Trading and Disinflation Vote Advances

Market context

Technical setup

On-chain flows and ETF bid

Sentiment and governance

The contrast paragraph

Scenarios with invalidation

Risks

Disclaimer

Key takeaways

Frequently asked

Sources