Solana ETF Flows and Whale Moves Hint at Bullish Potential
The post Solana ETF Flows and Whale Moves Hint at Bullish Potential appeared on BitcoinEthereumNews.com.
Solana entered mid-January under renewed market focus as exchange-traded fund flows, whale activity, and long-term chart structures converged. Although SOL declined modestly on the day, broader positioning suggested a market preparing for expansion rather than exhaustion. Investors continued tracking ETF data, on-chain movements, and multi-year technical patterns for direction. ETF Flows and Market Context U.S. digital asset ETFs sent mixed signals on January 9, according to SoSoValue data. Bitcoin spot ETFs posted net outflows totaling $250 million during the session. Fidelity’s FBTC stood out by recording a $7.87 million inflow, the strongest among Bitcoin funds. Meanwhile, Ethereum spot ETFs reported $93.82 million in net outflows. However, Solana spot ETFs recorded no net flows, holding steady despite broader risk adjustments. Significantly, Solana ETFs have remained net positive since December 4, 2025. Hence, the lack of outflows reinforced perceptions of structural confidence rather than fading demand. Source: CoinCodex At the time of writing, Solana traded at near $136, reflecting a 2.21% daily decline. However, SOL still posted a 3.51% gain over the past week. Trading volume reached nearly $2.85 billion, while market capitalization stood near $76.9 billion. Technical Structure Signals Expansion Market analysts continued highlighting Solana’s long-term chart setup. Don pointed to a tightening wedge forming after a multi-year base. Additionally, rising support between $120 and $140 continued holding despite recent volatility. According to Don, a clean reclaim of $222 would flip momentum and unlock the upper channel. Acceptance above $315 would confirm trend continuation toward $413, a previous macro resistance level. Consequently, a breakout beyond $413 could trigger price discovery, driven by compressed volatility and higher lows. Source: X Measured-move projections suggested acceleration once that resistance breaks. Hence, Don outlined a pathway from $222 to $315, then $413, before extending toward $1,000 ahead of mid-year. On-Chain Signals Reinforce Bullish Bias Analyst…
Filed under: News - @ January 10, 2026 5:29 pm