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Solana Holds $130–$140 Range as ETF Inflows Return and Morgan Stanley Files Solana Trust

A surge in ETF demand following a Morgan Stanley Solana Trust filing signals rising institutional interest.

Overview

  • SOL trades near $138 after reclaiming the $130–$140 band, with RSI above 50 and a positive MACD; key resistance sits at $140–$147 and support around $130.
  • Spot Solana ETFs recorded a 20‑day high of $16.8 million in net inflows, bringing total assets to roughly $1.09 billion, led by Bitwise and Fidelity funds.
  • Morgan Stanley filed an S‑1 with the SEC to register a Solana Trust, expanding regulated access to SOL, with any approval not yet granted.
  • Solana processed about $1.6 trillion in on‑chain spot volume in 2025, lifting its share of overall spot activity to roughly 12% and placing it second only to Binance.
  • Ecosystem metrics strengthened with a record $451.2 billion in 2025 DEX/perpetual volume and a spike in new SPL tokens, while the Firedancer client targets improved throughput and stability.