Main takeaways:
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Solana’s recovery from its weekly support at $130 indicates a possible price recovery to $250.
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An increase in open interest and spot demand signals the return of buyers to the market.
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Institutional demand for SOL is surging with $390 million in cumulative ETF inflows, driven by investor enthusiasm for the launch of Solana ETFs in the future.
Solana (Sol) The weekly chart suggests that SOL price may have formed a bottom near $130, a setup that may help SOL price recover towards $250 in the coming weeks.
SOL market structure points to a return to $250
SOL price action since November 11 has resulted in a V-shaped recovery pattern on the 4-hour chart. This comes after A Sharp decline led to SOL price falling by 25% From a high of $173.
Bulls bought the dip after this drop, leading to a sharp recovery to current levels. The Relative Strength Index (RSI) has risen to 50 from 28 since November 13, indicating increasing upward momentum.
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As the price attempts to complete the V-shaped pattern, it may rise further towards the neckline of the pattern, located around the $170 supply zone, representing a 22% upside from the current price.
Zooming out, the weekly chart reveals strong support for the SOL/USD pair at $130, as shown below.
Previous rises from this level have resulted in massive price increases: a 108% increase to $265 from $127 between September 2024 and November 2024, and a 98% rise to $250 from $130 between June 2025 and September 2025.
If the same scenario plays out, today’s SOL recovery could extend to $250, which would represent an 80% increase from current levels.
It is important to note that RSI Oversold conditions have recently been reached on lower time frames, levels that have historically preceded significant price reversals.
like Cointelegraph reportedSOL price could rise towards the $180-$200 range if the 20-day EMA at $160 reclaims at support.
Spot and futures buyers are back
Queen Glass Show data Solana’s future Open interest (OI) rose 5% over the past 24 hours to $7.3 billion. Likewise, perpetual (eight-hour) funding rates shifted to 0.0059% from -0.0001% in conjunction with the jump in OI.
Increasing OI and rising funding rates indicate a return in demand in the SOL futures market, setting the stage for a sharp reversal (short squeeze) if longs are crowded and a catalyst emerges.
Meanwhile, net takeover volume has turned positive, indicating that more buyers are stepping in at lower levels. Cardiovascular spot contracts are on the rise, highlighting that the recovery depends on the spot price and on futures, often considered a healthy setup.
Investors increase their exposure to Solana ETFs
Exchange Traded Funds (ETFs) It continued to attract investor interestrecording inflows for the 15th consecutive day, confirming institutional demand for the network’s native assets.
US-based SOL ETFs added $8.26 million on Monday, bringing cumulative inflows to $390 million and total net assets to more than $513 million, according to SoSoValue data.
VanEck’s Solana ETF launched MondaySeveral ETFs are expected to launch over the next week, adding to the tailwind for SOL.
Additional data from Nansen He appears Enhanced network metrics, including an 18% increase in daily active addresses and a 9.1% increase in daily transactions over the past 30 days.
like Cointelegraph reportedSolana’s strong on-chain metrics and dApp revenue dominance point to long-term strength, supporting SOL’s upside.
This article is for general information purposes and is not intended and should not be taken as legal or investment advice. The views, thoughts and opinions expressed herein are those of the author alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
