SOL Price Dips but ETF Momentum and Institutional Demand Accelerate

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SOL price may have slipped this week, but the broader narrative continues to strengthen. With new ETF filings, rising institutional inflows, and technical charts suggesting a bullish setup, Solana crypto remains a focal point for both traders and long-term investors eyeing the next major rally.

SOL Price Today and ETF Inflows

Despite short-term weakness, SOL price today is supported by consistent demand from ETF investors. The first U.S. Solana staking ETF, SSK by REXShares, has recorded two straight days of strong inflows $16.2 million yesterday and another $10.6 million today.

This extends a two-week streak, signaling growing institutional appetite even as SOL price USD trades lower.

It appears that the Momentum for Solana ETFs is accelerating. Canary Capital has filed an S-1 for a Solana ETF that not only holds but also stakes $SOL, making it the first U.S. ETF to explicitly offer on-chain yield.

In parallel, VanEck has submitted a revised S-1 for its Spot SOL ETF. Together, these filings mark a turning point for institutional access to Solana crypto.

If approvals mirror the trajectory of Bitcoin and Ethereum ETFs, SOL ETFs could quickly become major vehicles for investment by year’s end.

Solana Price Chart and Technical Setup

On the technical front, this week’s decline may appear bearish to short-term traders. However, the Solana price chart on the weekly timeframe reveals a different story.

The pattern reflects the final phase of Wyckoff accumulation, often a precursor to strong rallies. From a longer-term perspective, this dip could represent the last major buying opportunity before Q4 strength takes hold.

Looking at the broader market cycle, the SOL price forecast appears constructive. Some traders believe Solana crypto is entering the final stage before a significant breakout.

A target of $500 SOL has been projected for this cycle, reflecting the view that the combination of ETF inflows, on-chain yield opportunities, and market structure could fuel substantial upside.

Investors who position now may find themselves rewarded in the next two to three months as sentiment shifts. Despite the long-term optimism, the short-term decline cannot be ignored, which suggests caution to keep and avoid FOMO.