Solana (SOL) is in the spotlight as its price action narrows near a decisive technical zone. Analysts note that the network’s current setup could define its next move, with either a strong continuation toward new highs or a correction to key levels. From chart structures to institutional flows, recent signals suggest that the token could be preparing for another rally.
Solana Price Prediction Signals a Critical Turning Point
Analyst Mags identified a long-term rising support line that has continued to push SOL back on course since the start of 2023. Every retest of this line has formed higher lows, enhancing the level of demand around the range of $185-$190. This arrangement is part of a larger ascending triangle, in which recurring tests of horizontal resistance exhibit increasing bullish pressure. The analyst noted that this level acts as the final support for the crypto, holding the setup.
SOLUSD CHART | SOURCE: X
If buyers defend this zone, Solana price prediction points to a possible breakout, which could lead the crypto to the price of $400, as a part of a larger inverse head-and-shoulders formation. A confirmed rebound could be the beginning of a vertical rally, similar to past mid-2023 rises. Nevertheless, a drop below this support would invert the script, redirecting SOL to the zone of $140 or even less. For traders, this is a high-stakes inflection point that could potentially mark the next trajectory for the asset.
Elliott Wave Favors a Multi-Stage Bullish Cycle
In another analysis, analyst NekoZ outlined an Elliott Wave pattern showing that the token has exited the bearish stage. Having hit a low of around $95-$100, the chart reveals a definite impulsive structure where SOL has completed Wave 1 and moved to a corrective Wave 2. The analyst forecasts a robust Wave 3 upswing to as high as $295, at the 0.618 Fibonacci retracement and a key resistance level.
SOLUSD 1D CHART | SOURCE: X
This Solana price prediction targets another growth towards $380 in Wave 5, suggesting a possible revitalization of investor interest and new cycle highs. Waves 2 and 4 accumulations would offer the best entry points for long-term traders. However, holding above $180 is important, as a strong breakdown could nullify the count and halt the bullish story.
ETF Inflows Reinforce Institutional Trust
Data shared by Coin Bureau introduces a fundamental layer to the bullish bias. Solana registered four consecutive days of ETF inflows amounting to $199 million between October 28 and 31, 2025. Bitwise, which is ahead by $197million, reflects increasing institutional trust through the gradual rotation of capital out of Bitcoin and Ethereum ETFs.
SOURCE: X
SOL ETFs’ low charges, staking incentives, and high seeding capital of $325.6 million make them attractive as long-term exposure instruments. If these inflows continue, Solana price prediction could receive additional confirmation, as sustained institutional demand often precedes powerful market expansions.
