Particle.news
Download on the App Store

Solana Tests Stubborn $90 Ceiling as ETF Inflows Climb and Breakout Signals Build

Sustained ETF inflows alongside a weekly momentum buy signal put a potential $90–$96 breakout to the test.

Overview

  • Analysts on Saturday said Solana flashed a weekly MACD buy signal, a momentum crossover that preceded large rallies in prior cycles.
  • SOL trades in the mid‑$80s after repeated runs at $90, with chart watchers calling $90–$96 the hurdle that must clear for a durable move higher.
  • Spot SOL exchange‑traded funds recorded several days of net buying, with total assets near $0.9 billion and reported cumulative inflows around $1 billion.
  • Technical maps point to roughly $120–$130 if price closes decisively above $90, while a daily finish under about $82–$84 would raise the risk of a slide toward $75–$80.
  • Fundamentals look mixed as real‑world‑asset holdings on Solana grew to about $2 billion while DeFi liquidity trails Ethereum, and Arkham tracked $16 million in SOL unstaked by FTX‑linked Alameda that could add sell pressure.