Spot Solana ETFs Attract $19M in Weekly Inflows as Price Eyes a Break Above $136

Solana entered the week with improving sentiment as fresh ETF inflows supported the recent price recovery. Investors showed renewed interest in the asset after spot Solana products recorded another strong week of demand. The market also reacted to consistent signals from analysts who tracked Solana’s behavior around crucial price levels. ETF Demand Strengthens Solana’s Market Position Solana spot ETFs attracted $19.2 million in weekly inflows, lifting cumulative inflows to $638 million. BSOL from Bitwise Investment added $55.1 million and surpassed all other Solana ETFs combined. This trend signaled growing institutional interest in Solana’s long-term appeal. Additionally, the rising asset appetite came as Solana traded near $135 with an active 24-hour volume above $5.6 billion. Investors welcomed the 3% daily gain and the broader 7-day advance. The market cap now stands near $76 billion, reflecting strong engagement across global venues. Significantly, this institutional flow offers traders a higher confidence base during uncertain price swings. Key Levels Define Solana’s Near-Term Direction Analyst Ali Martinez noted that Solana must hold $124 to avoid deeper losses toward $115 or $106. The chart currently shows price moving near $131 after failing to secure a close above $136. Source: X Rejections remain clear at $144, which marks a ceiling for near-term momentum. Hence, traders continue to monitor the mid-range weakness that appeared across recent sessions. A decisive close above $136 can shift momentum and send price back toward $144. Besides, sustained buying above that zone may revive a stronger uptrend. Pullback Remains Healthy as Long as Support Holds BitGuru observed that Solana attempts a clean pullback after breaking its short-term downtrend. Buyers continue to defend the $130 to $132 area, which protects the structure. Consequently, strength above this zone allows a move toward the $145 to $149 band. Moreover, a push above $138 adds weight to a broader recovery. Failure to hold $130 exposes traders to a renewed test of $124. For now, the chart supports a constructive pullback as long as buyers remain active around support.