Solana Price Surges on Revived ETF Demand, Eyes Breakout to $90

Solana's price has been consolidating after its earlier rebound from the June low around $60-$65, but renewed ETF demand is strengthening the recovery. The Solana ETFs have seen net inflows of approximately $8.8 million in a single day, marking their strongest inflow since May 12.

This influx of capital provides a fresh catalyst for bulls and a constructive backdrop for the token. However, price confirmation remains necessary to solidify the bullish structure.

Solana's fundamental narrative continues to expand beyond speculative trading, with strong transaction activity and growing tokenized-equity activity in its ecosystem. The upcoming Alpenglow consensus upgrade is also expected to significantly reduce transaction finality and bring confirmation times down to around 150 milliseconds.

The path toward $90 is becoming technically clearer, but it still depends on a confirmed breakout above $78.40. If buyers can hold the breakout and turn $78 into support, the next test would come around $85, followed by the $90-$91 resistance zone.