Solana ETF Demand Builds Towards a $150 Test

Analyst Ali Martinez says the next leg higher is aimed at $150. His read rests on persistent fund demand. Since July 13, U.S. spot Solana ETFs have accumulated roughly 4.37 million SOL, worth about $450 million, across 11 consecutive weeks of net inflows. In his framing, that kind of absorption sets up the next upside expansion if price can follow through.

A separate technical take from Lana Valentis leans more aggressive. She maps a rounding bottom on the daily timeframe and argues Solana is quietly preparing for a larger expansion.

Her check-list includes:

Her Solana price target ladder runs far beyond the near-term map: $200, $250, $500, and even $1,000. Those are stretch objectives, not base-case levels. The cleaner overlap with Martinez is simpler — both see constructive structure plus ongoing capital inflow.

The flow data makes the hierarchy clear.

Bitwise’s BSOL is the dominant product by a wide margin. In the latest record week, U.S. spot Solana ETFs pulled in about $188 million in net inflows, and BSOL alone took roughly $128 million — around 68% of the weekly total.

On a cumulative basis, Bitwise has captured an even larger share, closer to three-quarters of all net inflows since launch, with total category inflows around $1.6 billion and BSOL near $1.2 billion of that.

Behind Bitwise, the podium is more competitive but still ordered:

So if one fund is “popping,” it is BSOL. The others are participating, but Bitwise is still the main pipe for Solana ETF demand.

Ali Martinez’s $150 SOL price target is the practical near-term checkpoint. It sits well above the current consolidation and would mark a clearer trend expansion if reclaimed with volume. Lana’s higher targets only become relevant if that first leg holds and the broader bull structure extends.

The supporting backdrop is real enough: multi-week ETF inflows, Bitwise still vacuuming most of the money, and network stablecoin liquidity at cycle highs. The missing piece is the same one every breakout thesis needs — price confirmation.

Solana’s story is about absorption. Institutions are still buying through ETFs, BSOL is taking the lion’s share, and the chart crowd is watching $150 as the level that decides whether this turns into the next sustained run.

Dive into DailyCoin’s top crypto news right now:
Consumer Confidence Index About to Send a Signal to Bitcoin — Here’s What to Watch
Vilhelm German Case Dismissed in Court. Lithuanian Prosecutors Sink in Shame.