Solana Eyes Breakout as Digital Asset Inflows Slow to $230M

Digital asset investment products saw inflows of $230m last week, a sharp slowdown from previous weeks’ momentum. According to Coinshares data, strong inflows early in the week totaled $635m, but sentiment shifted after the Federal Reserve’s latest meeting. Outflows of $405m followed midweek, though the pace moderated by Friday. 

Analysts link this to the market interpreting the Fed’s “hawkish pause,” which tempered risk appetite. Besides macro concerns, the ongoing geopolitical tension in Iran added pressure, yet inflows persisted across all major regions. The US led with $153m, while Germany and Switzerland contributed $30.2m and $27.5m, respectively.

Bitcoin Leads, Ethereum Sees Outflows

Bitcoin dominated the inflows last week, attracting $219m, while short-Bitcoin positions saw $6m in inflows, reflecting mixed investor sentiment. Ethereum, in contrast, experienced $27.5m in outflows, ending its three-week streak of consistent inflows. Solana continued its strong performance, seeing $17m in inflows for the seventh consecutive week, bringing total inflows to $136m. 

Additionally, Chainlink and Hyperliquid drew smaller, yet notable, inflows of $4.6m and $4.5m. The data highlights investors’ growing preference for select altcoins, even amid overall market caution.

Solana Consolidates as Traders Eye Breakout

Solana (SOL) trades at $91.61 as of press time, showing a 5.64% gain in 24 hours, despite a 3% drop over the past week. The coin has formed a tight range between $78 support and $95 resistance. 

According to DrBullZeus, buyers defend $78 aggressively, signaling potential upside, while lower highs indicate persistent bearish pressure. A breakout above $95 could trigger gains toward $110–$120, while a breakdown below $78 may target $65–$70.

Moonbag adds a long-term perspective, noting SOL’s corrective structure and higher low around $90–100 aligns with ascending support. A breakout above $180–200 could ignite a move toward previous highs near $260–300, with extended potential approaching $500.