Solana (SOL) is showing renewed bullish momentum after breaking its long-term downtrend, while sustained ETF inflows signal growing institutional interest. A successful retest of former resistance could strengthen the bullish structure and support further upside as market confidence improves.

At the time of writing, SOL is trading at $97.95 with a 24-hour trading volume of $3.1 billion and a market capitalization of $57.32 billion, according to CoinMarketCap. Despite a 4.5% loss over the last 24 hours, the SOL price structure and ETF growth point to a bullish reversal ahead.

SOL Price Eyes $250 After Major Trend Reversal

According to crypto analyst Wealthmanager, SOL is trading near $100 after breaking its long-term macro downtrend, confirming a notable shift in market structure.

The breakout suggests buyers are regaining control following an extended bearish phase. However, SOL could still experience a pullback as traders take profits and the price retests the former resistance zone before attempting another sustained move higher.

If the former resistance turns into an area of support, it could lay the groundwork for the next upward movement for SOL. This would build upon the recently formed market structure and add new strength to buying pressure. With momentum still favorable, $250 is eyed as a long-term target for SOL. It is worth noting that SOL remains well below its all-time high of around $260, reached in November 2021, so the $250 target would represent a return near prior peak levels rather than uncharted territory.

Solana ETFs Hit 11-Day Inflow Run With $10.9M

Data from Solana Floor shows that US-listed Solana ETFs have extended their streak of consecutive winning days to 11, adding a further $10.9 million in net inflows in the last trading day. This indicates that investor demand for regulated exposure to Solana remains strong even amid market volatility.

A sustained inflow pattern would bolster the case for institutional adoption, since ETFs give traditional investors a more straightforward means of accessing the cryptocurrency without directly handling crypto investments. Solana's spot ETFs began trading in the United States in mid-2025, following regulatory approval that opened the door for asset managers such as BlackRock, Grayscale, Fidelity, and VanEck to list products tracking SOL. While ETF inflows do not imply a price rally is imminent, positive flows would create a favorable market environment for SOL.

Despite bullish price predictions and ETF growth, SOL is still moving in a downward direction in the short term, a move reinforced by the cautious environment in the broader crypto market as Bitcoin has started to move sideways.

What Happens Next for Solana?

The next step in SOL's price movement depends on whether the token can successfully test its former resistance area as support following its breakout from the long-term downtrend. A successful test would lead to further accumulation of bullish strength, which may take SOL toward $250, while failure could lead to extended consolidation. Beyond price action, continued ETF flow data and broader market conditions will be key factors to monitor for signs of whether institutional demand persists.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.