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In all the commotion about the possibility that <a href="https://xpertsstudio.com/bitcoin-price-eyes-100k-as-bullish-flag-takes-shape/” title=”Bitcoin Price Eyes $100K as Bullish Flag Takes Shape”>bitcoin is back, don’t lose sight of the fact that solana is getting in on the act, too. The eighth-largest cryptocurrency by market capitalization surged more than 40% in August. That indicates that, for investors that prefer accessing digital currencies via the ETF wrapper, it’s a good time to look at the unheralded Invesco Galaxy Solana ETF
(QSOL). For those that aren’t familiar with solana, there’s much more to this digital currency than just being one of the havens for meme coin trading.
Unlike, say, bitcoin or zcash, solana supply isn’t capped. However, investors considering QSOL should note that a recent vote will cut the amount of new supply coming to market. That could support prices for both solana itself and the Invesco fund.
“The network’s governance body approved SGP-0002, a proposal that doubles the annual disinflation rate from 15% to 30%, meaning the amount of new SOL entering circulation will shrink twice as fast as originally planned,” reported Crypto Briefing. “The move pulls forward Solana’s target for hitting its 1.5% terminal inflation floor from roughly 2032 to 2029, three years ahead of schedule.”
Tailwinds for QSOL
Solana currently resides at just over $100, meaning it’d need to nearly double to reach $200. Obviously, such a move would benefit QSOL investors. It’s certainly a reach to get to $200 over the near-term, but patient QSOL holders should employ some tempered optimism, because some experts believe there is a solid bull case for this digital currency.
“Solana ETF inflows continue to strengthen institutional demand. Network upgrades such as Alpenglow and Firedancer could improve performance and resilience. Meanwhile, adoption continues across payments, trading, tokenization, and consumer applications,” according to the Bitcoin Foundation.
Over the near-term, it’s important that solana crossed through the psychologically important $100 level; it’s vital that the price point is held during any pullbacks. A catalyst for extended upside could arrive by way of ETFs such as QSOL. If more investors embrace the ETF wrapper for solana exposure, the funds are likely to generate upside. That enthusiasm is already in place.
“August has also produced some of the strongest flows of 2026. One late-August session attracted more than $60 million in net inflows,” noted the Bitcoin Foundation.
The Invesco fund charges 0.25% per year, or $25 on a $10,000 investment.
For more news, information, and analysis, visit the Innovative ETFs Content Hub.
Invesco Distributors, Inc. is an independent company unaffiliated with VettaFi LLC (“VettaFi”). These articles do not form any kind of legal partnership, agency affiliation, or similar relationship between VettaFi and Invesco Distributors, Inc., nor is such a relationship created or implied by the articles herein. VettaFi LLC is the author and owner of these articles.
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Source: etfdb.com

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