Solana Price Prediction: $400 As ETF Demand Grows?

Solana (SOL) price traded near a critical support zone as expectations around pending ETF approvals and institutional allocations shaped debate.

Analysts assessed whether the token was preparing for a rally toward $400 or vulnerable to renewed losses.

Solana Price Held Near Support as ETF News Drove Speculation

By late September, reports suggested that staking-based Solana ETFs could launch within weeks.

According to Coin Bureau, approval of such funds would allow regulated access to staking yields, which had not been available through traditional structures.

ETFs (exchange-traded funds) are regulated investment vehicles that track the price of an asset.

If approved, a Solana staking ETF would allow investors to gain exposure while earning rewards without holding the token directly.

The possibility of an ETF approval affected short-term positioning. Analysts noted that participants adjusted exposure in anticipation of a catalyst.

Technical setups aligned with the narrative. If regulators confirmed the ETFs, analysts said the additional demand could drive momentum higher.

At the time of writing, the SOL price traded around the $200 mark. This level followed gains earlier in the quarter.

Analysts pointed to a series of higher lows forming on charts, a sign of underlying strength. Momentum gauges, including the relative strength index (RSI), were not near extremes at press time.

RSI tracks the pace of price moves, with readings above 70 viewed as overbought and below 30 as oversold.

Institutional Inflows Supported the Solana Price Base

Institutional inflows added to the support case. Data from SolanaFloor showed that REXShares recorded $16.2 million in inflows in one day.

That extended a two-week run of steady demand. Analysts said the sustained inflows signaled confidence from professional investors.

Reports from Whale Insider added that REX-Osprey funds purchased over $10.5 million in SOL. These allocations suggested that large investors continued to accumulate even during periods of price weakness.

Such inflows were viewed as an anchor for price stability, offsetting short-term selling pressure.

Analysts often treat institutional allocations as a sentiment gauge. Consistent inflows provide liquidity and can reduce the risk of sharp sell-offs in the absence of negative news.

This factor strengthened the argument that Solana’s support zone near $200 was reinforced by real capital flows rather than speculative activity alone.

Technical Analysts Debated Solana Price Targets

Charting services identified $230 as the critical resistance level. A confirmed break above that point could unlock targets between $370 and $400.

Reportedly mid-October was the earliest timeframe for this outcome if ETF approvals occurred. The projection was based on consolidation patterns where higher lows met resistance ceilings.

Not all technical assessments and Solana price predictions were bullish. Analyst Nebraskangooner highlighted a bearish candlestick setup forming on the weekly chart.

Candlesticks represent trading activity in a given period, showing open, close, high, and low prices.

He said that if SOL failed to hold the $206 level, the token could retreat toward $160. This view pointed to a reversal risk, with fading momentum producing a potential breakdown.

The divergence in outlooks showed the reliance on confirmation signals. Without a clear break above resistance or continued institutional inflows, Solana remained exposed to downside scenarios.

Solana Price Prediction: What Could Decide the Next Move?

At press time, Solana price sat at the balance point between support and resistance. ETF speculation acted as a possible catalyst, while institutional inflows gave stability.

The chart pattern showed higher lows, but resistance near $230 held firm, clearing that barrier would open space toward $370–$400, particularly if ETF approvals created new demand.

Conversely, a failure to defend the $200–$206 band could drive a retreat to $180 or even $160.

With ETF decisions expected soon, both regulatory developments and continued fund allocations were likely to determine the token’s next trend.