Solana Price Prediction Amid SOL ETF Inflows Beating BTC and ETH Combined

Solana’s last week’s price action has killed any near-term shot at a run toward and through the $150 handle, following an 11% drop in the last seven days. SOL sold off hard, in line with broader risk assets, amid increased macro uncertainty.

SOL price has edged down by just a fraction of a percentage point to trade at $126.98 as of 04:38 a.m. EST, as the token continues to face steady selling pressure.

Amid the bearish sentiment, the token continues to attract robust institutional demand. SOL investors largely kept a bullish bias, signaling confidence that goes beyond short-term price noise.

Inflows into spot SOL exchange-traded funds have outperformed both Ethereum and Bitcoin, supporting the asset’s long-term bullish outlook.

Solana ETF Inflows Outperform Bitcoin and Ethereum

Spot SOL ETFs printed a surprise $1.9 million in net inflows in the last 24 hours, marking the fourth consecutive day of inflows, indicating a surge in institutional interest.

According to Coinglass data, Solana ETFs have recorded over $8 million in net inflows, exceeding the accumulated inflows of BTC and ETH during the same period.

In the same period, ETH has recorded over $600 million in net outflows, with $41 million in the last day alone, while BTC products clocked over $1.32 billion in losses in the last 4 days and $103.5 million in the last 24 hours.

The biggest sources of the seen influx come from institutional heavyweights, including Fidelity, Grayscale, and Bitwise.

The inflows have pushed Solana ETFs’ total net asset value to around $1.80 billion, with Solana taking a net asset ratio of 1.5%.

With increased institutional interest, can the price of SOL recover from last week’s drop?

Can the Solana Price Recover?

Solana price is currently pulling back toward the $120–$130 support zone, an area that aligns closely with prior weekly consolidation and sits well below the 50-week Simple Moving Average (SMA) near $162, while remaining above the 200-week SMA around $104.

Following the strong rally from the 2023 lows, SOL printed a series of higher highs into late 2024 before entering a corrective phase.

Since then, price action has transitioned into a range-bound structure, with buyers repeatedly defending the $120–$130 region. This suggests that long-term participants are still active, even as short-term momentum fades.

However, the broader structure has weakened after forming a double top pattern. The 50-week SMA has flattened and begun to roll over, signaling a slowdown in bullish momentum.

Solana’s Relative Strength Index (RSI) on the weekly chart is currently hovering around 39–41, which is below the neutral 50 level. This shows a drop in momentum and a shift toward seller control, though RSI has not yet reached deeply oversold conditions.

SOL/USD Chart Analysis: TradingView

The weekly SOL/USD chart suggests that Solana is at a key area. Holding above the $120–$130 support zone could allow SOL to stabilize and attempt another recovery toward the 50-week SMA near $160, which now acts as dynamic resistance.

A sustained weekly close back above the 50-week SMA would improve the odds of a renewed bullish leg toward the $200–$220 region, on a previous supply zone.

On the downside, a close below the highlighted support zone would weaken the current structure and could open the door for a deeper retracement toward the 200-week SMA around $104, a level that represents major long-term trend support.