Solana Near $80, XLM Shows Recovery; INVEST Network Reports $3.35M in Early-Stage Funding
The latest Solana price outlook shows SOL trying to stay above the $75 level while facing resistance, as traders look for a move beyond $80 to confirm further gains. At the same time, Stellar (XLM) is showing recovery after recent lows.
The latest Solana price analysis shows SOL attempting to hold above $75 while testing its 50-day exponential moving average near $76.54. Institutional interest has shown some improvement, with SOL-focused ETFs reporting $7.20 million in inflows last week, marking the fourth straight week of positive activity, according to market data. Retail demand indicators are mixed: open interest fell 1.60% to $4.81 billion while trading volume rose about 38% to $4.24 billion.
Funding rates also moved higher to 0.0088%, indicating a rise in long positions among some traders, based on available derivatives data. The near-term outlook for Solana will depend on whether SOL can move above the $80 resistance zone, which some technical analysts say could open the way toward higher levels; conversely, a sustained drop below support near $70.86 would increase downside risk.
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