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Solana Tests Rebound Near $140 as ETF Inflows Extend and Technicals Improve

Institutional inflows into new U.S. spot SOL ETFs alongside firmer futures activity support a tentative base near $140.

Overview

  • SOL has rebounded from the $130 support area and is hovering around $139–$140 after a short‑term V/rounded bottom setup.
  • Fidelity’s FSOL and Canary Capital’s SOLC launched, and spot SOL ETFs notched a 15th straight day of net inflows, totaling about $390 million.
  • Futures open interest climbed roughly 5% to about $7.3 billion and funding turned slightly positive, with spot CVD and net taker volume flipping higher.
  • Analysts outline a conditional path toward $180–$210 if price holds above roughly $140–$145 and confirms a breakout structure.
  • Counter‑views flag a possible rounded‑top risk that could pull price toward ~$120 if support fails, even as daily active addresses and transactions have risen recently.