Solana ETFs Reach $95.3M Net Inflows in December Amid Strong Demand

Solana ETFs have recorded $95.3 million in net inflows for December, nearing 70% of November's $137.5 million total, indicating sustained institutional interest despite market volatility. Rotation towards stablecoins surged this week due to macroeconomic factors, but Solana continues attracting strong demand.

Solana ETFs net $95.3 million monthly inflows on Dec 17

Solana co-founder Anatoly Yakovenko discussed the potential of the upcoming SKR token, aiming to give holders control over phone UX and revenue capture.
Helium Mobile, part of the Solana ecosystem, has exceeded 600,000 users.

Solana Price Analysis

Solana trades near $122 after forming a triple bottom around the $120–$124 support zone, reflecting strong buyer defense. A breakout above the $145–$148 resistance could lead to a 28% rally, targeting $172. The RSI is near oversold conditions at 35, suggesting potential for a rebound if it crosses above 45.

Solana (SOL) Technical Analysis

Historical profitability rate stands above 64%, favoring holding positions.
If Solana fails to sustain above $130, a sharp correction below $120 is possible.

Source: Coinspeaker