Solana ETF Sees Over $11 Million in Weekly Inflows, Market Anticipates Rebound
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Increased Institutional Interest: Solana ETFs attracted over $11 million in net inflows last week, surpassing the combined inflows of Bitcoin and Ethereum ETFs, indicating sustained institutional demand that may support price stability.
- Price Pattern Analysis: Solana's price fluctuates between $126 and $128, forming a falling wedge pattern that suggests diminishing selling pressure, with market participants anticipating a significant price movement potentially targeting the $185 to $190 range.
- Momentum Indicators Support Rebound: The 4-hour chart shows bullish divergence in momentum indicators, where lower price lows coincide with higher momentum lows, indicating that sellers are gradually losing control, which may signal an impending reversal.
- Short-Term Consolidation Focus: Currently, Solana trades around $124.75, facing resistance at $130; if it breaks above $130, a short-term increase is likely, while a drop below $120 could lead to lower price targets.
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.





