Solana price prediction: SOL holds above EMAs as ETF inflows support rally
Solana’s price began Wednesday’s session at $141 in the Asian session before retreating 2% to a session low of $138.2. However, the decline was met by moderate buying interest during the European session, and throughout today’s price movement, Solana has sustained its position above both the 50 and 100 EMAs on the 1-hour chart. These short-term EMAs have consistently supported price since the uptrend began on January 1.
Highlights
- Solana holds above short-term EMAs after retreating 2% from $141 Asian open
- Over $16M flows into SOL spot ETFs as total assets surpass $1 billion
- Morgan Stanley filing for Solana ETF adds institutional validation to six-day rally
The broader context highlights six consecutive days of gains since the start of 2026, during which Solana surged by 15% from $125 to a local high of $143.5. Unlike Bitcoin, which recorded losses on Tuesday, Solana extended its rally. That divergence points to a unique catalyst driving Solana’s momentum which is institutional interest via spot ETFs.

Solana price chart (Nov 2025 - Jan 2026). Source: TradingView
Data from SoSoValue shows more than $16 million flowed into spot Solana ETFs on Monday alone, marking the largest single-day inflow since mid-December. Since their launch on October 28, these ETFs have steadily gained traction, helping push the total net assets above $1 billion. This increase in institutional exposure has reinforced Solana’s market profile, particularly as asset managers allocate capital to alternative Layer 1 assets beyond Bitcoin and Ethereum.
Solana whale activity rises as Morgan Stanley files for new spot ETF
Adding to the ETF inflow narrative, Morgan Stanley submitted filings to the SEC on Tuesday to introduce a Solana Trust and ETF. The fund will include staking features and provide regulated access to SOL exposure. This development is seen as another layer of institutional validation that strengthens the long-term demand outlook.
On-chain signals also reflect bullish sentiment. Whale activity has picked up across spot and futures markets. Cooling funding rates and buy-side dominance further support the idea that traders are positioning for continuation rather than rotation.
Technically, if the inflows persist and price continues to hold above the 1-hour 50 and 100 EMAs, the uptrend is likely to extend toward the next key level at $147. This resistance marks the top of the recent dominant bearish swing from December. A decisive break above $147 would mark a significant shift in broader market structure, confirming that the current rally is more than just a countertrend move.
In recent analysis, we discussed how Solana rejected $140 after a five-day 11% rally into a key Fibonacci resistance zone. We noted that the break above the 50-day EMA faded as RSI strength stalled, while open interest rose to $3.5 billion, and a flat long-short ratio signaled hesitation.
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