 
 
Solana (SOL) bulls are shifting gears as analysts anticipate increased price action in the coming months. While Bitcoin (BTC) and Ethereum (ETH) dominate institutional data, Solana traders are recording fair gains compared to previous cycles. At the time of writing, the SOL price stands at $199, representing a slight 1.7% gain over the last 24 hours and a 27% increase over the week.
Altcoin Rally Attracts Bulls
Solana recorded $245 million in institutional funds this year, an uptick from previous points as consecutive inflows continue. Last week, the asset raised $39.1 million from large investors, bringing its cumulative holdings to $1.8 billion. SOL has attracted several investors due to its rapidly evolving ecosystem, with new developers moving towards the network.
Staked SOL ETF inflows played a major role in institutional confidence, while a golden cross formed a bullish momentum in the same period. On-chain data shows that the staked ETF has crossed $175 million, boosting wider interest. Meanwhile, spot SOL ETFs are still gaining momentum amid the surge in prices. Polymarket odds for a spot ETF approval by the United States Securities and Exchange Commission (SEC) are above 90% positive rules dominate the market.
The SEC became increasingly pro-market under the Trump administration, leading to forecasts on multiple altcoin ETFs. Solana and Ripple being at the fore, bullish projects are imminent approvals for these products, on positive laws. Last week, President Trump signed the GENIUS Act to usher in stablecoin clarity. The process is seen as an institutional booster turned interest in altcoin ETFs.
Aside from anticipated spot ETFs, Solana’s decentralized finance (DeFi) activities surged in the last three months. With a bullish price outlook, several analysts opine that the asset is likely to maintain inflows with the wider market. Crypto enthusiasts, Zynweb3, wrote that the asset is at a breakout zone with a potential move to $260 if it consolidates at this point.
 
“Solana just entered a key breakout zone. Price has broken above the mid-range resistance and is holding strong above $200. The current structure is clean, higher highs, higher lows, breakout with volume, and no major supply zone until ~$260. Plan is simple: If SOL consolidates above $200 with strength, I’ll be watching for a move toward $260 next. If there’s weakness or deviation, the $175 – $180 zone will likely act as a strong retest area.”
The wider crypto market, gaining traction, could also serve as a catalyst for Solana in the coming weeks. After breaking a $4 trillion market cap, altcoins like Ethereum, XRP, and Dogecoin are poised for flash gains, analysts opine.
Source: https://zycrypto.com/solana-attracts-245-million-as-altcoin-bulls-eye-fresh-rally/