Solana price prediction: Sideways trend persists? SOL trades below resistance despite ETF inflows

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Solana rises 1.31% to $83.50 today

Highlights

Solana has attracted about $1.5 billion in net inflows to US spot ETFs since launch, indicating strong institutional interest.
The network posted a 755% year-over-year surge in payment volume, and Western Union will issue a stablecoin on Solana for treasury needs.
SOL trades below major moving averages with technicals pointing to bearish momentum, forecasting a $75.00–$92.00 range and a sideways-to-downward bias over the next week.

Institutional inflows and payment surges drive ecosystem expansion

Solana has seen robust institutional inflows into spot ETFs, with cumulative net inflows reaching approximately $1.5 billion since launch and about $800 million in SOL now held collectively by US-based products. The network recorded a 755% year-over-year increase in payment volume, reflecting strong ecosystem usage. Solana's cumulative trading activity over the past three years has reached $4.4 trillion, and Western Union has announced plans to launch a stablecoin on the Solana network to enhance treasury operations.

Bearish momentum persists as conflicting signals generate sideways bias

Momentum remains weak, as the daily MACD signals a strong sell and the ADX reading of 34.97 confirms a dominant negative trend. The daily RSI (41.92) and Commodity Channel Index (–62.63) point to ongoing bearish momentum, though not yet oversold, while the Stochastic RSI is neutral. Bull/Bear Power is deep in oversold territory (–0.98), signaling clear seller dominance intraday. The Awesome Oscillator gives a buy signal, which is mildly supportive, yet this contradicts broader momentum signals. There was no notable gap between the previous close and today’s open, and SOL is currently trading near the middle of today’s range amid moderate volatility. The current intraday tone suggests sideways consolidation despite a modest daily gain of 1.31%, highlighting ongoing divergence between minor rebounds and the dominant trend.

Downside favored amid persistent weekly sell signals and defined ranges

For the next five sessions, SOL is expected to move in a $75.00 – $92.00 range, within a typical volatility band relative to current levels. There is a very low probability (less than 20%) of a sustained rise, with downside more likely, given that all weekly momentum indicators continue to signal sell. The baseline scenario is sideways movement between immediate support and resistance. Should a bullish outcome prevail, SOL could regain strength above $85.00 and move beyond immediate resistance at $84.84, while a bearish scenario would see SOL drop below $80.00 and challenge the lower end of the weekly band in response to continued selling momentum.

Viktoras Karapetjanc, expert at Traders Union, sees underlying strength in Solana’s fundamentals despite clear technical headwinds. He notes strong institutional flows, growing ecosystem activity, and rising adoption as supporting factors. The analyst acknowledges sellers remain in control for now, but believes persistent interest in ETFs and ecosystem developments point to potential upside. "If Solana can hold above $80.00 and leverage institutional demand, a breakout above resistance is still possible in the coming sessions."

Last time, analysts noted that Solana remains under bearish pressure, trading below key moving averages with continued weakness signaled by momentum indicators such as MACD and RSI. Immediate resistance is seen at the Ichimoku Kijun line, and price action is expected to stay range-bound barring a decisive move above resistance or below support.

Source of Data: SOL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.