Solana on the Rise: $144 Reaches – Institutions Drive SOL to the $160 Mark

Solana shows itself again this week as a strong performer. After a clean rebound at the 50-day EMA ($136.75) the previous day, SOL climbs above the psychological $140 mark again on Friday – currently trading at $144.41. The setup appears bullish: two factors favor the bulls.

Institutional Buyers Send Clear Signals

The biggest driver this week comes from capital flows. By Thursday, US-listed spot ETFs for Solana recorded a net weekly inflow of $41.08 million – the highest since mid-December. This is no coincidence. The assets under management (AUM) are currently at $1.10 billion.

These numbers speak a clear language: institutional investors are buying. If inflows continue to rise, demand in the market increases mechanically – with limited supply at the same time. This is not hype but pure market mechanics.

New Catalysts Reinforce Optimism

Alongside the ETF data, several developments this week have strengthened confidence in Solana:

Wall Street Interest: Morgan Stanley submitted S-1 registrations for spot Bitcoin and Solana ETFs to the US Securities and Exchange Commission (SEC). This underscores growing establishment interest and could further boost liquidity and institutional adoption.

Government Recognition: With the launch of Frontier Stable Token (FRNT) on Solana, a stablecoin issued by a US state (Wyoming Stable Token Commission) was launched on the Solana network for the first time. This sends a strong signal regarding institutional trust in the infrastructure.

Technical Chart: The Path Remains Open

SOL closed on January 2 above the weekly resistance at $126.65 and gained nearly 12% over the following five days. This week also saw a close above the 50-day EMA $160 $136.75( – after the price briefly tested whether the upward trend would hold on Tuesday.

The indicators support the bullish scenario:

• RSI )Daily(: 61 – above 50, bullish momentum without overheating
• MACD: Bullish crossover with rising histogram bars above the neutral line
• Next Resistance: )coming into focus

As long as the 50-day EMA at $136.75 holds, pullbacks are more likely to be retracements within the larger uptrend.

The Risk Scenario

Here comes the “as long as” factor: if SOL corrects, $136.75 is the first support level. If it breaks, the rally hope quickly turns back into range reality. Ambitious traders may need to reassess.

The conclusion: two supporting factors $160 capital flows + technical strength( point to a longer rally scenario – as long as the structures hold.