Solana (SOL) Price: ETF Inflows Drive Seven-Week Streak as Bullish Chart Pattern Forms
TLDR
- SOL is trading around $75.27, holding above the key $74.50 support level
- US-listed spot SOL ETFs saw $10.26 million in inflows last week — the seventh straight week of positive flows
- A falling wedge pattern is forming on the 4-hour chart, with a breakout target of $77.10
- The RSI sits near a neutral 52 and MACD is in positive territory, suggesting stabilizing demand
- A daily close below $73.64 would open the door to a deeper pullback
Solana is holding steady above $75 as technical patterns and institutional inflows point to cautious optimism. SOL traded at $75.27 at the time of writing, with a 24-hour volume of around $2.27 billion and a market cap of approximately $43.86 billion. The token declined about 0.1% in the last 24 hours.
The price has found support at an ascending trendline after slipping 2.18% last week. SOL is trading just above the 50-day Exponential Moving Average (EMA) at $75.48.
Analyst Bluntz, posting on X, noted “strong pa on $SOL,” adding that the token has been “somewhat boring” because it’s likely still in an accumulation phase. He pointed to a weekly bullish divergence that he believes may be marking the bottom.
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