Wall Street Invests $45 Million in Solana ETFs: What This Means for Future Prices

Bullish feelings surrounding Solana have surged following notable inflows into its ETFs and a shift in trader positions that have driven prices higher. Currently, Solana (SOL) trades at $142, an increase of 12.05%, with this upward movement nearing a significant price level.

Key Takeaways

Solana ETFs experienced a record inflow of $45.77 million on December 2, signifying strong interest from Wall Street.
The altcoin has seen a 10.61% increase in Open Interest, indicating fresh capital entering the market.
Technical analysis points to a potential double-bottom formation, suggesting a target rise to $169 if the price closes above $145.
Traders are predominantly betting on long positions, showcasing confidence in SOL's upward trajectory.

Solana [SOL]

Record Inflows into Solana Spot ETFs

The rising momentum for Solana (SOL) has gained support from U.S. Solana Spot Exchange-Traded Funds (ETFs), which reported significant inflows after experiencing an outflow at the beginning of December 2025. Data from SoSoValue shows that Solana ETFs had a Total Net Inflow of $45.77 million on December 2, reflecting heightened demand and renewed interest from investors in the Wall Street community.

Solana Spot ETFs hit record inflow

Source: CoinGlass

Another encouraging indicator for SOL's price movement is the increase in Open Interest (OI), as reported by CoinGlass. Recent data reveals that OI surged by 10.61% over 24 hours, totaling $7.40 billion. This rising OI, coupled with the swelling price, suggests a strong bullish trend, with new money entering the market.

Possible Double-Bottom Formation on Daily Chart

Technical analysis from AMBCrypto suggests that a double-bottom pattern is forming on the daily chart, as prices hover near a critical neckline. Should there be a daily close above $145, it could set off a potential price rally toward $169, representing about a 16% increase.

Solana (SOL) Price action

Source: Trading View

Currently, the Average Directional Index is at 41.77, indicating strong momentum in the trend.

Traders Favor Long Positions

Traders focusing on long positions are leaning into the overall trend, with long bets on the rise. For intraday trading, the two key liquidation levels are $137.50 and $144.50. At this time, traders hold approximately $210.97 million in long positions and $87.74 million in short positions.

This data suggests that long-position traders dominate the market, with a strong belief that SOL’s price is unlikely to drop below $137.50 in the near term.

SOL Exchange Liquidation Map

Source: Coinglass

In addition, a crypto analyst recently highlighted on X that SOL has bounced back robustly from both its weekly support and the Exponential Moving Average (EMA). The analyst predicted that SOL is on a trajectory to potentially reach as high as $160–$200 shortly.

Solana Price prediction chart

Source: X/Ultimae_Crypto

Final Thoughts

The significant investments into Solana ETFs and the bullish sentiment among traders indicate a positive outlook for SOL in the upcoming days. Investors and traders alike are encouraged to keep a close watch as the market develops.