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Solana Price Prediction: Bulls Target $94 Supertrend as ETFs Hold $1.5B


Solana Price Prediction: Bulls Target $94 Supertrend as ETFs Hold $1.5B

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AI Overview

SOL trades at $86.21 (+1.47%) with RSI 58.55, defending an ascending trendline since late-February (~$75) but daily EMAs remain above price and a Sep 2025 head-and-shoulders breakdown from ~$260 has driven a >57% decline. Derivatives activity is rising: open interest +0.91% to $5.10B, volume +22.82% to $13.52B, and $6.83M in short liquidations, which supports short-term momentum. Solana spot ETFs hold $1.5B in net inflows (50% from institutional 13F filers), indicating continued institutional adoption and fundraising interest despite mixed technicals; implications for DeFi/market price are therefore mixed.

Bearish

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  • Solana trades at $86.21, up 1.47%, holding above ascending trendline support as RSI climbs to 58.55.
  • Open interest rises 0.91% to $5.10B while volume surges 22.82% to $13.52B, with shorts absorbing $6.83M in liquidations.
  • SOL spot ETFs hold $1.5B in net inflows despite a 57% price decline, with 50% from institutional 13F filers.

Solana price today trades near $86.21, up 1.47%, as buyers defend an ascending trendline that has held since the late-February lows near $75. The daily chart remains bearish with all four EMAs stacked above price, but short-term structure is improving and derivatives data supports the move.

SOL Price Dynamics (Source: TradingView)

The daily chart tells the full story. Solana completed a head and shoulders breakdown from the September 2025 peak near $260, with the pattern confirming the downtrend that has since erased more than two thirds…

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