Solana (SOL) Reclaims $140 as Second-Wave ETFs Launch — Is a Rebound Underway?

Solana (SOL) recently climbed back above the $140 mark, marking a potential turning point after a rough stretch—thanks in large part to the debut of a new wave of Solana-focused exchange-traded funds (ETFs). The combination of steady institutional inflows and renewed market optimism may be laying the groundwork for a broader rally.

Solana (SOL) Reclaims $140 as Second-Wave ETFs Launch — Is a Rebound Underway?

What the Data Shows

  • Demand for Solana-based ETF products has surged: inflows have exceeded $390 million, with 15 straight days of positive net flow. 
  • Following ETF launches from firms like VanEck, Fidelity and others, SOL’s price rallied about 8.4% from a five-month low near $128. 

Why This Could Be Important

  • New investor access: The ETF launches broaden institutional access to Solana, making large-scale investment simpler and more regulated.
  • Supply-demand shift: With more capital locked into ETFs and staking programs, available circulating SOL may tighten—potentially creating upward pressure if demand remains.
  • Technical setup: After testing key support zones, SOL now sits at a critical juncture—if it holds above $140 and volume returns, the path to $160+ opens.

What’s Still to Watch

  • Sustained volume is needed for a meaningful breakout—without it, the rally may falter.
  • Despite renewed momentum, SOL remains down significantly for the year; broad market headwinds could derail the upswing.
  • The influence of large inflows can sometimes mask underlying weakness in network usage and activity metrics—investors will need to keep an eye on on-chain indicators, too.