Solana Price Breaks Downtrend on Strong ETF Inflows and Bullish Momentum
Solana (SOL) is showing signs of renewed bullish momentum after breaking its long-term downtrend, with sustained ETF inflows indicating growing institutional interest in the cryptocurrency.
The SOL price structure suggests that buyers are regaining control following an extended bearish phase, and a successful retest of former resistance could strengthen the bullish structure and support further upside as market confidence improves.
According to data from Solana Floor, US-listed Solana ETFs have experienced 11 consecutive days of inflows, totaling $10.9 million in net inflows over the last trading day.
This indicates that investors' demand for regulated exposure to Solana remains strong despite market volatility, and positive inflows create a favorable market environment for SOL.