The crypto market traded in a narrow range on August 15, with most major tokens moving little. Chainlink (LINK) stood out with a 5% gain, while Shiba Inu (SHIB) added 2%. Solana (SOL) eased 0.86%, though the dip didn't stop investors from pouring money into Solana exchange-traded funds.
Friday's Movers
LINK was the day's clear winner, climbing 5% as the broader market stayed flat. SHIB followed with a more modest 2% gain. SOL slipped slightly, a move that looks like a breather after recent activity rather than a selloff.
Solana ETF Demand
Solana ETFs recorded their highest weekly inflows in the week that began August 10, according to data. The strong demand came even as SOL's price drifted lower, suggesting investors are positioning for the longer term rather than chasing short-term moves.
The inflows are notable because they arrive in a week when the overall crypto market has been stuck in a tight trading band. Money is still finding its way into Solana exposure, even with little price action to show for it.
For now, the market seems content to wait. With no major catalyst on the calendar, traders are watching whether LINK can hold its gains and whether Solana ETF flows keep building through the rest of the month.
