Spot Solana ETFs posted $5.74 million in net inflows over the past week, marking their strongest seven-day stretch in the last five weeks. At the same time, SOL is moving toward the $79 to $85 range, a zone that has become the market’s main near-term resistance area.
Heavy historical turnover puts focus on the $79-$85 band
Crypto analyst Ali Charts said SOL has approached a critical technical zone between $79 and $85. Based on URPD data, nearly 105 million SOL previously changed hands in that range. That concentration of past trading has turned the area into a notable supply wall, with traders watching whether holders from that band try to exit around breakeven.
URPD is an on-chain distribution metric that shows how much supply moved at different price levels. Analysts use it to identify support and resistance zones formed by dense buying activity over time.
A confirmed breakout could shift attention to $100 and $127
Ali Charts said that if SOL breaks above the $79 to $85 band and then holds it as support, selling pressure may ease. In that case, the next levels in focus would be $100 first and then $127, which are seen as the next potential resistance points.
If SOL fails to clear that zone, the short-term setup could weaken instead. The report notes that $53 stands out as the next major support level to monitor.
ETF demand stays firm even as price recovery lags
Investor demand for spot Solana ETFs has remained solid despite weak price action. Data from Solana Floor shows these products attracted $5.74 million in inflows over the last seven days, bringing cumulative net investment to $1.15 billion.
The report links that total to continued appetite from both institutional and retail investors seeking regulated exposure to Solana. Spot ETFs track the underlying asset directly and trade on traditional market platforms, which helps explain their appeal across a broader set of participants.
Bitcoin weakness is still weighing on SOL
SOL has not yet produced a decisive recovery. Broader softness across the crypto market, along with Bitcoin’s pullback, is still keeping pressure on Solana. For now, stronger technical signals and ETF inflows have not fully translated into a rebound in price.
The $79 to $85 area remains the level to watch. If SOL establishes itself above that band, a move toward $100 and possibly $127 comes back into view. If the breakout does not hold, the possibility of more downside and a test of the $53 support remains open.