Solana ETF Demand Builds Towards $150 Breakout

Solana's price is building towards a breakout, according to analysts Ali Martinez and Lana Valentis.

The cryptocurrency has been accumulating demand through ETFs, with U.S. spot Solana ETFs pulling in roughly $450 million since July 13, across 11 consecutive weeks of net inflows.

This persistent fund demand sets up the next upside expansion if price can follow through, according to Martinez, who sees the next leg higher aimed at $150.

Lana Valentis takes a more aggressive view, mapping a rounding bottom on the daily timeframe and arguing Solana is quietly preparing for a larger expansion. She lists several supporting factors, including stablecoin supply at an all-time high of $17.3 billion and ETF inflow streaks still intact.