Solana Price Slips Despite Strong Seven-Day ETF Inflow Streak

The Solana price has slipped by a fraction of a percentage in the last 24 hours, trading at $133, with a 60% decrease in daily trading volume to $1.93 billion.

This drop in the SOL price comes as Solana ETFs record a seven-day streak of inflows, defying the broader crypto market downturn. On Tuesday, inflows peaked at about $16.6 million, marking the strongest day in the recent streak, according to Farside Investors. This pushed total net inflows into Solana ETFs to roughly $674 million at the time of writing.

Solana ETFs launched in the US in July, starting with REX-Osprey’s staked SOL ETF, followed by Bitwise’s BSOL Solana ETF in October. Bloomberg ETF analyst James Seyffart described BSOL as one of the hottest ETF launches of 2025.

The sustained inflows suggest growing interest from institutional and traditional finance investors, even as SOL’s price and on-chain metrics such as total value locked continue to decline during the current market drawdown.

Solana Price Near Key Support as

The Solana (SOL/USDT) chart shows a price decline, currently trading at $133.09, down from a high of $295.83. The price is near a support zone, which might form a double bottom pattern. This pattern is often a sign of a potential reversal, indicating that the price may bounce upward from here.

The 50-day simple moving average (SMA) sits at $183.75, while the 200-day SMA is at $169.67. Both are above the current price, which signals that, although the long-term trend is still generally positive, the short-term outlook remains bearish. If the price can’t rise above these moving averages, the downtrend might continue.

SOLUSDT Chart Analysis Source: Tradingview

Resistance levels are at $183.75 and $295.83. For the price to go higher, Solana will need to break through these levels. If it struggles to reclaim the 50-day SMA, the price may continue to fall, with the next support level lower.

Oversold Signals Hint at Possible Rebound

The Relative Strength Index (RSI), which is currently at 36.16, Solana is close to being oversold. This suggests that the selling pressure may be easing, and a price rebound could be near. However, if the RSI falls below 30, it would indicate that Solana is significantly oversold, which could lead to a stronger price reversal.

Even though Solana’s price is down, there are signs that the support zone could trigger a bounce. If the price breaks the key resistance levels, especially the 50-day SMA, there could be a recovery. For now $133 support level is close to see if it holds or if the price continues to fall.