Institutions Pour Into Solana ETFs as Price Faces Mixed Signals

Solana-focused exchange-traded funds recorded net inflows last week, with CoinShares data showing $17.1 million flowed into SOL funds while XRP ETFs saw $18.2 million in outflows, a sign of renewed institutional demand for Solana amid a broader market downturn ^[1].

On-chain and market indicators present a mixed technical picture: some traders are positioned long amid hopes of a breakout, but analysts report renewed selling pressure as SOL approaches the $119 level and resistance clusters near $125–$130, which could cap upside unless cleared ^[3][2][4].

Market participants and analysts warn of downside risks despite inflows: 21Shares laid out bull, base and bear scenarios for Solana’s 2026 outlook, emphasizing that strong network activity does not guarantee immediate price recovery, and separate reporting highlights security concerns that have prompted institutional scrutiny — noting a recent 3% SOL pullback and commentary that some institutions prioritize trust over speed ^[5][6].

The latest data show tangible institutional interest in Solana via ETF inflows, but mixed technical signals and persistent security and risk considerations mean the asset's near-term trajectory remains uncertain ^[1][4][5][6].