Solana (SOL) Price: US Spot ETFs Log Strongest Inflows in 10 Months – What’s Next?
TLDR
- Solana price trades near $120, holding above key support levels.
- US spot Solana ETFs have logged 11 straight weeks of inflows.
- Analyst Ali Charts set a $150 target for SOL on X.
- Weekly ETF inflows hit $188.21 million, the strongest reading in 10 months.
- Solana led tokenized commodities trading for the first time on record.
Solana price traded near $120 on Tuesday, holding above support near $116. The token pulled back after testing $125 last week.
The move came as the wider crypto market rose 1.11% to $2.9 trillion in 24 hours. Bitcoin traded near $84,000, and Ethereum stayed above $2,700.
US spot Solana ETFs extended their inflow streak to 11 straight weeks. Analyst Ali Charts said the funds have accumulated about 4.37 million SOL since July 13.
SOLANA BREAKOUT INCOMING
US Spot Solana ETFs have accumulated roughly 4.37 million $SOL, worth around $450 million, since July 13.
That marks 11 consecutive weeks of net inflows.
With institutional demand continuing to absorb Solana, I’m watching for the next leg higher toward… https://t.co/MFkzEsSE1U pic.twitter.com/t326pdjRTh
— Ali Charts (@alicharts) September 29, 2026
Charts shared the figures on X, noting the funds hold roughly $450 million worth of SOL. “With institutional demand continuing to absorb Solana, I’m watching for the next leg higher toward $150,” he wrote, setting $150 as his upside target.
Solana $SOL is ready for the next leg up!
Here’s the target. https://t.co/Z0x09V8bI8 pic.twitter.com/4L4RHQBtmF
— Ali Charts (@alicharts) September 25, 2026
His count of 11 consecutive weeks runs through September 25. The current trading week was still underway when he posted.
ETF Inflows Reach 10-Month High
US spot Solana ETFs drew $188.21 million in the week ending September 27. SolanaFloor called it the strongest weekly reading in 10 months.
Bitwise’s BSOL led with $128.46 million in inflows. Grayscale’s GSOL added $28.06 million, and Fidelity’s FSOL brought in $17.59 million.
SoSoValue data showed another $12.70 million entered the funds on September 28. Cumulative net inflows across all Solana ETFs reached $1.62 billion, with total net assets at $1.93 billion.
That figure represents 2.76% of Solana’s market capitalization. Separately, DeFi Development Corp said it added about 47,706 SOL since September 21, bringing its holdings to roughly 2.54 million SOL.
Solana Leads Tokenized Commodities Trading
Solana’s decentralized exchanges processed $91.1 million in tokenized commodities trading between September 21 and 27. That accounted for 28% of the $322.7 million combined market, according to Blockworks.
Robinhood Chain ranked second with $81.3 million, about 25% of the market. Solana’s share rose from 5% four weeks earlier.
Canton followed with $67.4 million in weekly volume. Ethereum recorded $62.6 million over the same period.
Solana’s stablecoin supply stood at $17.3 billion on September 25, based on the network’s own data. DefiLlama’s Tuesday tally put the figure lower, near $16.37 billion.
On the chart, the four-hour RSI read 55.99, pointing to improved momentum. The MACD line stayed below its signal line, and the histogram remained negative.
Traders are watching $120 as the first support level, with $115 and $110 as backup levels below that. A move back above $125 would put $130 in view, with $150 as the target analysts are tracking.