altcoin
Solana (SOL) is showing early signs of recovery after weeks of intense volatility, with a combination of on-chain activity, institutional inflows, and strong developer momentum giving traders renewed confidence.
- Solana’s TD Sequential indicator shows a potential buying opportunity near the $150 support.
- ETF inflows have exceeded $300 million, highlighting the demand for Solana from institutional investors.
- Dozens of new launches and integrations will jumpstart the ecosystem.
- Solana RWA’s total lock total exceeded $800 million, setting a new record.
- BlackRock’s BUIDL Fund and DeFi Volume Strengthens Institutional Adoption of Solana.
- Analysts predict Solana could head above $300 if ETF inflows continue.
The altcoin, which recently rebounded from the $150 support zone, is now consolidating above $160 as technical indicators and broader market sentiment point to a possible reversal.
According to on-chain analyst Ali Martinez, the TD Sequential indicator flashed a buy signal. Ms. Solana Daily chart — A technical pattern often associated with an upcoming trend reversal. The signal comes after a multi-week correction that sent the token down nearly 20% and briefly hit a four-month low earlier this week.
TD Sequential flashes buy signal on Solana $SOL. Holding the $150 support is key to a potential rebound. pic.twitter.com/PttrNuCpEc
— Ali (@ali_charts) November 9, 2025
The daily chart shows early signs of stabilization. Although the Relative Strength Index (RSI) has recovered from the oversold zone around 40, the MACD histogram appears to be flattening, indicating that the selling pressure is losing strength. Analysts believe that if SOL maintains its momentum above $165 and breaks through the $170 barrier, the next major resistance level could emerge between $190 and $200, which would be a potential inflection point for a broader recovery.
Growing demand from institutional investors through Solana ETF
The institutional momentum is equally noteworthy. Investor interest in altcoins has accelerated following the launch of Solana’s first U.S. exchange-traded funds (Bitwise’s Solana Staking ETF (BSOL) and Grayscale’s Solana Trust (GSOL)).
Bybit’s latest Crypto Insights Report describes these listings as “transformational milestones” and places Solana in the same regulatory category as Bitcoin (BTC) and Ethereum (ETH), making it directly accessible through licensed US brokerages. The report says this development could reshape Solana’s market structure and price trends “for years to come” as it attracts a new class of investors previously limited to traditional assets.
ETFs linked to Solana have already accumulated more than $300 million in inflows within days of launch, according to Pharcyde Investors, in sharp contrast to the net outflows from Bitcoin and Ethereum products over the same period. Analysts say this divergence signals a growing appetite for diversified exposure among financial institutions, many of whom now view Solana as a high-yield asset with a strong real-world use case profile, rather than a speculative altcoin.
Bybit further noted that Solana’s appeal is global. Outside the US, Hong Kong, Brazil and Canada have approved Solana-based ETFs, creating a multi-jurisdictional framework that enhances liquidity, price discovery and global access. The exchange described this as a structural evolution that strengthens Solana’s position as a foundational layer for tokenized assets, digital finance, and permissioned stablecoins.
Developers move forward on the Solana ecosystem boom
While market observers are focused on price and ETF flows, Solana’s community of developers and builders continues to grow at a rapid pace and appears unfazed by short-term volatility. This week alone, the network has seen a plethora of new launches, integrations, and milestones, highlighting its reputation as one of Web3’s most active ecosystems.
Projects like Hush Wallet introduced privacy-preserving tools for DeFi users, Sorare began officially migrating its digital collectibles platform to Solana, and Alchemy revamped its developer suite to provide faster and more scalable infrastructure. At the same time, ORE reached an impressive annual revenue run rate of $300 million in just two weeks after launch, highlighting the commercial traction achievable with Solana.
In the infrastructure space, Harmonic.gg announced an open marketplace for building blocks, Dripshop Live offered instant collection packs to 2 million collectors, and MetaMask added Solana compatibility to payment cards. Meanwhile, Bitso enables USDT remittances on Solana to improve cross-border liquidity, and VanishTrade opens public beta for private trading.
The ecosystem’s x402 hackathon is also a big focus, with the prize pool recently expanded to $135,000 and the submission deadline set for November 11th. The newly launched Solana Template Marketplace provides developers with production-ready starter kits, reducing the barrier for new projects to enter the network.
Real-world growth and record-setting metrics
Beyond new product launches, Solana continues to record impressive on-chain milestones. Total tokenized real world assets (RWA) on the network reached an all-time high of over $800 million, while the Solana ETF recorded net inflows of $136.6 million last week, outpacing Bitcoin and Ethereum funds.
Products for institutions are also doing well. BlackRock’s BUIDL tokenized fund, built directly on Solana, has surpassed $250 million in total value locked (TVL). DeFi projects such as Humidifi have surpassed $10 billion in weekly trading volume, Helium holders have grown to over 500,000, and Manifest Trade’s cumulative trading volume has exceeded $1 billion.
Other notable achievements include GEODNET’s 216% year-over-year growth, Perena’s $20 million stablecoin mint, and DFlow Protocol’s record-setting $1.85 billion single-day trading volume. Taken together, these metrics demonstrate that Solana’s growth story extends far beyond price, evolving into a diverse and economically active network that captures the participation of both retailers and institutional investors.
On the brink of a multi-quarter rebound
Despite the short-term market correction, Bybit analysts said: believe Solana could be at the beginning of a long-term uptrend. They point to the “news-selling” behavior that is common after major ETF approvals, with prices briefly falling and then rebounding with sustained inflows. Bitcoin and Ethereum have followed similar patterns since the launch of spot ETFs, and Solana may be entering its own accumulation phase.
Bitwise estimates that Solana’s market cap could increase by 30% to 50% for every $1 billion in ETF inflows. If inflows continue at the current pace and reach $2 billion to $3 billion in 2026, Solana could hit another all-time high, perhaps climbing towards the $300-$350 range and solidifying its position as one of the top assets in the digital economy.
For now, technical analysts see $150 as an important support level, and a close above $170 could confirm a bullish breakout. If these metrics hold, Solana could indeed be on top of a multi-quarter rally, supported by a thriving ecosystem, deepening institutional demand, and ongoing global expansion.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any particular investment strategy or cryptocurrency. Always do your own research and consult a licensed financial advisor before making any investment decisions.
