Solana ETF Inflows Spark Breakout Hopes Above $125

Solana has reclaimed the $120 price level after a week of record-breaking ETF inflows. On September 25, U.S. spot Solana exchange-traded funds saw a net inflow of $188 million, with Bitwise's BSOL accounting for about 68% of that total at $128 million. This buying was broad across the fund group, with all seven U.S. spot Solana ETFs recording inflows during the record week, including a daily record $87 million intake on Friday.

The daily technical picture is supportive, with SOL's 14-day relative strength index at 65.4, a bullish strong-zone reading that is not yet overbought. The daily moving-average group is positive, and MACD is classified as Buy. However, the breakout remains incomplete due to lower volume behind the latest high.

The immediate market question is technical: price remains below a closely packed resistance band beginning at $122.57 and extending to the psychological $125 mark. A sustained move through this zone would strengthen the case that SOL has converted former overhead supply into a platform for continuation.