- Solana price traded in a narrow 24-hour zone, with falls below $85.
- Solana ETFs recorded $7.33 million in daily net inflow, led by Bitwise BSOL.
- MACD turned positive, while RSI near 51 shows room for a possible recovery move.
After consolidation, SOL-2.38% is preparing for price recovery. With a bearish trend dominating, bulls are attempting to reclaim their position as Solana ETF flows improve after stable sessions.
Solana Price Stays Rangebound After Brief Drop Below $85
Tracking the ongoing Solana price trend at the time of press, CoinMarketCap data indicates that Solana trades at $85.74 after a narrow 0.37% gain over the last 24 hours. The Solana price moved through a tight range, with repeated swings around the $85.38 reference level. Early movement carried the Solana price above $86.00 before momentum cooled and the price returned lower.
A sharper drop then pushed the price below $85.00, marking the session’s deepest visible pullback. After that move, Solana’s price recovered quickly and moved back above the mid-range area. The SOL-2.38% later climbed toward $86.30, where upward movement slowed again.
Several pullbacks followed, yet Solana kept returning near the $85.50 to $86.00 zone. Later action showed weaker momentum as the price slipped under $85.50 more than once. The final section showed a rebound from the lower range, with Solana moving back near $85.66. Solana price gains remained capped near the upper range, and dips recovered quickly.
Solana ETFs Record $7.33M Daily Inflow as Net Assets Hit $874M
The 24-hour Solana price action comes at a time when the Solana ETFs have resumed their inflow after a zero inflow and outflow streak. According to a recent update by SoSoValue, Solana ETFs recorded $7.33 million in daily total net inflow. Cumulative total net inflow stood at $1.02 billion, while total value traded reached $47.38 million. Total net assets stood at $874.13 million, equal to 1.77% of Solana’s market cap.
BSOL led daily net inflows with $6.20 million and recorded 72.64K SOL in daily inflows. Its cumulative net inflow reached $825.19 million, while net assets stood at $622.65 million. VSOL recorded $1.13 million in daily net inflow and 13.24K SOL in daily inflow. FSOL reported no daily net inflow, with cumulative net inflow at $158.01 million. Its net assets stood at $107.90 million, and its daily market price fell 2.03%.
GSOL also posted no daily net inflow and held $104.14 million in cumulative net inflow. SOEZ, QSOL, TSOL, and SOLC each reported $0.00 in daily net inflow. Their cumulative net inflows stood at $9.78 million, $4.77 million, negative $102.69 million, and $1.04 million, respectively. All eight products showed negative daily market price changes, ranging from 2.03% to 2.64%.
Solana Price Consolidation Eyes Uptick as MACD Turns Positive
Solana price continues to trade inside a tight consolidation band between $76.62 support and $90.94 resistance. The price has tested both levels several times since February, keeping movement locked inside a narrow pattern. This range formed after a decline, then the Solana price entered a consolidation. The ongoing trend shows Solana price trading above the lower support zone, while rebounds continue to see resistance around $90.94. A defined move above that resistance would open a path for upward continuation.
However, failure near that level could keep the price at the same levels. The MACD line sits above the signal line. This positioning shows improving short-term movement after earlier weakness. The gap remains, so positive price action has not yet confirmed a breakout. The RSI stands near 51, placing the Solana price in neutral territory.
This reading shows neither overbought nor oversold conditions. It also leaves room for an upward move before the market reaches overheated levels. Based on the support, resistance, RSI, and MACD, consolidation appears braced for an uptick. A trend toward $90.94 remains the next key test. If SOL-2.38% achieves that level, the recovery pattern could extend toward higher resistance zones.
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