Solana ETF inflows continue as SOL falls below important price levels.

Takeaways from the conference:

• For 13 days in a row, the spot Solana ETFs recorded an increase in their flows.

• SOL broke a multi-year upward trend, sliding below an important moving average.

Spot Solana (SOLThe exchange-traded fund (ETF) continued to be a popular investment vehicle, attracting investors for a thirteenth day in a row. Institutional demand is evident, as the native asset of the network continues to grow.

SoSoValue data shows that Solana ETFs gained $1.49m on Thursday. This brings the cumulative assets and inflows up to $533m. Bitwise Solana (BSOL), the ETF that only recorded gains on Thursday, was also the lowest since the fund’s inception. launch on Oct. 28.

SOL’s weakening inflows reflect the overall bearish market sentiment, as spot Bitcoin (BTCETFs recording $866 million in daily net outflows The second worst day of the year was on the exact same date. 

Spot EtherETHETFs have also seen outflows amounting to $259.2 Million, decreasing their cumulative inflows by $13.3 Billion. Funds lost $183.7 on Thursday, and $107.1 on Wednesday.

Related: SOL traders’ every wish came true, except for new all-time highs: What gives?

SOL has not been able to rise above the key levels despite the persistent demand from investors for Solana-related ETFs. The technical set up indicates that a further correction is possible.

SOL price breaks key support levels 

SOL’s price movement last week was markedly negative, in line with the declining ETF flows. It fell over 34% during the past two weeks, to $142 last Friday, the lowest since June 23. In addition, the correction broke both a SMA of 100 weeks and a multiyear trend which began in January 20,23. At $95 the level served as the year’s low.

Glassnode’s data indicates that Solana currently tests a daily block order of $140. This level has limited support.

Glassnode’s UTXO realized price distribution (URPD) — a metric that shows the average prices at which SOL holders bought their coins — reveals that there is little clustering of these buy levels below $140. There are some holders who defend the current price.

The price could fall to the SMA 200-week at $100 which is the final line of defence for the SOL price.

Solana’s downfall is supported by a weakness in relative strength indexThe lowest since April 2025. 

You can also read about the advantages of using Cointelegraph reportedIf the SOL/USDT pairs breaks below $150, the pair will continue to decline until it reaches $126. Then the pair will reach the strong support of $100.

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