Key Insights:
- Solana price trades near $119 after retreating from the $125 area.
- According to Analyst Ali Charts, US spot Solana ETFs have accumulated 4.37 million SOL since July 13.
- Completed-week ETF inflows reached $188.1 million, while $120 and $125 remain price hurdles.
Solana price traded near $119 on Tuesday after retreating from just below $125 last week. The pullback left SOL beneath $120; the first-level traders are watching for another advance. CoinGecko showed a 24-hour range of $116.44 to $120.49 when checked on Tuesday.
Solana price movement | Source: CoinGecko
ETF demand offers a separate measure of interest. Analyst Ali Charts said US spot Solana ETFs accumulated roughly 4.37 million SOL since July 13. He placed $150 on his upside watchlist, though the price has yet to clear nearby resistance. His 11-week count runs through September 25. The current trading week is still underway.
Solana Price Tests $120 After Retreating from $125
SOLs seven-day high was $124.77, close to $125, as shown in the recent SOL crypto price analysis. By Tuesday, the Solana price had slipped back under $120. That move interrupted its breakout attempt and left traders watching for a return above the threshold.
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The $115-$118 band is the next nearby area to watch. A slide through it would bring $111 into focus, the level altFINS identifies as invalidating its short-term setup. These are chart levels, rather than guaranteed turning points.
Solana ETF Flows Add 4.37 million SOL | Source: Ali Charts on X
Ali points to support near $100. He said approximately 72 million SOL had previously changed hands around that region, a measure of historical trading activity. That concentration shows where traders transacted before; it does not establish that buyers will defend the level again.
Solana ETF Flows Add Context to the 4.37 Million SOL Figure
The analysts token estimate differs from reported Solana ETF cash flows. Farside Investors recorded $188.1 million of net inflows over September 21–25, based on its daily fund figures. Friday accounted for $86.7 million. Farside then logged $7.7 million on Monday, September 28, as the new week began.
Elsewhere, DeFi Development Corp. disclosed a separate SOL purchase. The company said Monday it added about 47,706 SOL since September 21. Its holdings reached approximately 2.54 million SOL and SOL equivalents, according to its release. Corporate treasury purchases sit outside spot ETF flow totals.
Network data offer another measure of activity. Solana‘s account put stablecoin supply at $17.3 billion on September 25. DefiLlama’s Tuesday tally was lower, near $16.37 billion; the trackers use different coverage and update schedules. Stablecoin balances measure assets on the network, not direct demand for SOL.
Solana Price Must Reclaim $125 to Put $150 in View
The immediate test starts at $120, followed by the $120-$121 resistance band identified in the chart analysis. A sustained move beyond $125 would clear last weeks high. altFINS points to $145 after a $120 reclaim, while Ali watches $150 as a later target.
The gap between those targets and the current SOL crypto price matters. For Solana price, a rise from roughly $119 to $150 would require a gain of nearly 26%. Recent ETF inflows have coincided with gains, but SOL has yet to break above $125.
SOL/USD daily chart | Source: TradingView
Market analyst altFINS also described a fading MACD histogram and an overbought Stochastic reading near $119. Those indicators showed easing momentum when the analyst posted on Tuesday morning. They do not determine the next move.
If the Solana price drops to $115-$118, the next test in altFINS‘ setup is $111. Below that level, Ali’s $100 support area becomes a deeper reference. A return above $120 would instead put $125 back in focus before the higher target.