Solana ETF Demand Soars Towards $150 Target
Solana ETF demand continues to build momentum, setting up a potential test of $150 per token. Analyst Ali Martinez believes that this level is within reach due to persistent fund demand, which has resulted in 11 consecutive weeks of net inflows into U.S. spot Solana ETFs.
Since July 13th, these ETFs have accumulated around 4.37 million SOL, worth approximately $450 million. Martinez's read on the market suggests that this level of absorption sets up the next upside expansion if price can follow through.
A separate technical take from Lana Valentis leans more aggressive, mapping a rounding bottom on the daily timeframe and arguing that Solana is quietly preparing for a larger expansion. Her checklist includes Solana's stablecoin supply at an all-time high near $17.3 billion, exchange-traded fund inflow streaks still intact, and a network already optimized for speed, cost, and throughput.
The flow data makes it clear which Solana ETF is actually winning now. Bitwise's BSOL dominates the market by a wide margin, capturing around 68% of the weekly total in the latest record week with roughly $128 million in net inflows.