Solana’s ETF Inflow Streak Hits 7 Days: Can Bulls Drive SOL Past $160 & Beyond?
Solana’s roaring back—$160 rebound fueled by a full week of ETF inflows. But can the rally outlast the hype?
ETF Mania Meets SOL’s Momentum
Wall Street’s latest crypto crush—Solana ETFs—has pumped $160 back into SOL’s price. Seven straight days of institutional money flipping the script from ‘crypto winter’ to ‘selective thaw.’
The Real Test Starts Now
Every ETF-driven pump faces the same question: What happens when the suits stop buying? Solana’s tech chops help, but sustaining momentum needs more than financialized hopium. (Cue the usual ‘this time it’s different’ chorus.)
Bulls vs. Gravity
Technical charts scream ‘overbought,’ but since when did crypto care? If SOL holds $150, the ATH hunters swarm. If not? Another ‘institutional adoption’ narrative collects dust—right next to those Bitcoin ETF price predictions from January.
ETF Inflows Signal Growing Institutional Appetite
Over the past week, U.S. spot Solana-linked ETFs logged seven consecutive days of positive net inflows, accumulating a total of roughly $294 million. On Tuesday, for example, inflows totaled approximately $9.70 million, with major contributions from the BSOL fund ($7.46 million) and GSOL ($2.24 million).
This inflow streak stands in stark contrast to the red-ink performance of Bitcoin and ethereum ETFs, which together suffered substantial outflows in the same period. The divergence suggests that some institutional capital is rotating toward altcoins like Solana in search of higher-growth opportunities.
The positive ETF flows lend external legitimacy and fresh demand, providing SOL with a firmer base to attempt a rally beyond the $160 zone.
Solana (SOL)’s Technical Picture & Macro Headwinds
Despite the steady inflows, Solana’s technical setup remains uneven. The token is still trading below key moving averages, including the 9-day simple moving average ($175.85), which hints that the bearish control is not yet fully relinquished.
Immediate support lies around $158, with a more substantial floor near $150, a level that recent buyers defended. On the upside, reclaiming $175 (+) WOULD be a meaningful shift, potentially exposing a move toward $180.
However, macro-economic and on-chain headwinds raise caution flags. The U.S. government shutdown, now extending for dozens of days, has caused market uncertainty and depressed the Fear & Greed Index to extreme fear territory (24).
Meanwhile, Solana’s network metrics tell a mixed story. Stablecoin liquidity on the chain has shrunk, signaling possible limits to on-chain demand. Although ETF flows are supportive, momentum remains fragile until broader sentiment and network fundamentals stabilise.
Momentum Hinges on Key Levels
If bulls can defend the $155-$160 support zone and continue to harness ETF inflows, solana may press toward the $172-$177 resistance zone and possibly test $180. However, failure to hold support around $150 could trigger a deeper correction, with downside risk toward $132 or lower.
In short, the inflow streak is a meaningful bullish input, but it’s not yet sufficient alone to guarantee a sustained breakout. Traders and investors will want to watch whether the demand story translates into a stronger price structure and whether macro risks abate.
Cover image from ChatGPT, SOLUSD chart from Tradingview
