Solana Nears $80, but a Tougher Test Lies Ahead

2 weeks ago 8

Rommie Analytics

Key Takeaways

  • Four consecutive ETF weeks remain positive.
  • Current inflows exceed three prior weeks combined.
  • SOL remains trapped between $73 and $84.
  • $79 is the first breakout hurdle.
  • Alpenglow could become the next catalyst.

The price has recovered substantially from the June low near $60, but it remains inside the $73 to $84 range that has controlled trading since the crash. SOL is also sitting just below its flat 100-day simple moving average at $79, placing the market directly beneath its first meaningful resistance.

At the same time, Solana spot ETFs have recorded four consecutive positive weekly readings, creating a more supportive flow backdrop while the chart remains unresolved.

ETF Demand Is Accelerating, Not Merely Staying Positive...

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