Solana (SOL) Price: ETFs Record 25 Days of Positive Inflows as Token Tests $140

TLDR

• Solana (SOL) is trading at $139.60, up 1.96% in 24 hours, while consolidating near $140 resistance level
• The cryptocurrency needs to break above $140-$144 range to confirm bullish movement toward potential 12% gains
• Solana ETFs have recorded 25 consecutive days of positive net inflows, reaching $1.1 billion in total assets
• DEX volumes on Solana network jumped to $34.4 billion, the highest since early November 2024
• Weekly active users in the Solana ecosystem increased to 3.5 million, matching levels last seen in September

Solana is currently trading at $139.60 after posting a 1.96% gain over the past 24 hours. The cryptocurrency has been consolidating near the $140 resistance level for several days.

The token holds above its 50-day moving average at $132. This suggests buyers are actively defending the price from dropping below this technical support level.

Trading data shows the Relative Strength Index stays near 60 without entering overbought territory. This indicates room for potential upside movement if resistance breaks.

Solana must close above $140.50 to trigger the next move higher. A successful breakout could push the price toward the $144-$155 range in the coming weeks.

If the cryptocurrency fails to break through this resistance, analysts expect a pullback to support levels between $128 and $132. The 50-day moving average at $132 provides the first line of defense.

ETF Inflows Signal Strong Institutional Interest

Solana ETFs have recorded 25 straight days of positive net inflows. Total assets under management in these funds have grown to $1.1 billion.

Since their launch in the United States, these exchange-traded products have only experienced three days of negative inflows. The sustained accumulation pattern mirrors the early success of XRP ETFs.

Trading volumes for SOL spiked 250% in the past 24 hours to reach $5.6 billion. This represents 7% of the token’s circulating market cap and confirms intense price action around the $140 level.

Network Activity Reaches Multi-Month Highs

On-chain data from DeFi Llama shows Solana’s decentralized exchange volumes climbed to $34.4 billion. This marks the fourth consecutive week of increases and the highest level since early November.

Pump.fun and Meteora now account for the largest share of trading activity on the network. These meme coin launchpads have overtaken Raydium, which was previously the dominant DEX in the ecosystem.

Weekly active users on Solana jumped to 3.5 million last week. This is the highest count since September and matches levels previously seen when SOL traded above $200.

Pump.fun’s weekly revenues also reached their highest point since early November. The data suggests meme coin traders are returning to the Solana network.

The token started 2026 by breaking out of a falling wedge pattern. This reversal ended the prior downtrend and established a new bullish price structure.

Analysts watching the RSI indicator note it remains on an uptrend above the 14-day moving average. As long as this momentum holds, the path to $160 stays open with an estimated 11% gain from current levels.

Support at $125 would likely be tested if the RSI drops below its moving average. The cryptocurrency would need to hold this level before attempting another move higher.

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