Solana ETF Flows Steady, Market Confidence Strengthens
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Confidence Strengthens: Despite a modest 2.21% decline on January 9, SOL's 3.51% weekly gain indicates strong market confidence in Solana, particularly with stable ETF flows.
- ETF Flow Dynamics: U.S. digital asset ETFs showed mixed signals on January 9, with Bitcoin ETFs experiencing $250 million in net outflows, while Fidelity's FBTC recorded a $7.87 million inflow, highlighting investor preferences across different assets.
- Technical Structure Signals: Analysts noted a tightening wedge in Solana's long-term chart, with support holding between $120 and $140; a breakout above $222 could trigger significant upward momentum.
- On-Chain Signals Support Bullish Outlook: On-chain data revealed that wallet 7Z4KKD withdrew 80,000 SOL worth $10.87 million from Binance, indicating that large holders remain bullish on Solana amidst market volatility, potentially driving prices higher.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







