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Solana Price Forecast: SOL consolidation near resistance as ETF inflows offer mild support
Solana (SOL) price is facing slight rejection as it approaches the upper boundary of the consolidation range at around $88 on Wednesday. Institutional demand is strengthening as spot Exchange Traded Funds (ETFs) recorded two consecutive inflows so far this week. On the technical side, a decisive close above the consolidation range could trigger an upside move in SOL. Institutional demand for Solana remains robust so far this week. SoSoValue data shows that spot SOL ETFs recorded an inflow of $1.03 million on Tuesday, following a $17.41 million inflow the previous day, a total of $18.44 million so far this week. In ... (full story)