Solana ETFs Extend 20-Day Inflows; SOL Eyes $144 Breakout
Solana ETFs have recorded 20 consecutive trading days of net inflows, drawing $58 million on Monday and lifting total ETF assets to $843.8 million, or 1.09% of Solana’s market cap. Since the first Solana ETF launched on October 28, funds have accumulated $568.2 million, marking a rare streak for a new digital-asset product. Analysts at LVRG Research and BTSE say steady institutional demand for Solana ETFs is bolstering SOL’s status as a blue-chip blockchain and providing structural support amid broader market softness. Key issuers like Bitwise, Grayscale, VanEck and Fidelity continue to add to ETF inflows, reducing circulating supply. Alongside Solana ETFs, Bitwise’s DOGE ETF (BWOW) and Grayscale’s zero-fee XRP ETF are in the pipeline. On the price chart, SOL gained 5% to trade at $136.32, holding above crucial support. A sustained breakout of the $142–144 resistance zone could target $152, while failure to clear $144 may keep SOL range-bound.
Bullish
The 20-day inflow streak for Solana ETFs underscores sustained institutional appetite, reducing circulating supply and providing upward pressure on SOL. Combined with rising total ETF assets and supportive analyst forecasts, the news suggests a bullish outlook. The potential breakout above the $142–144 resistance zone could trigger further gains toward $152 and beyond, reinforcing positive market sentiment in both short and long term.