Solana Price Forecast: Analyst Eyes $150 After 11 Weeks of ETF Inflows

Solana price held above $120 as analyst Ali Charts eyed $150 after 11 straight weeks of US spot ETF inflows. The wider crypto market was up 1.11% to $2.9 trillion in 24 hours on institutional Bitcoin demand.

Bitcoin price traded near $84,000, while Ethereum stayed above $2,700. XRP hovered at $1.54, as traders watched for recovery.

Analyst Eyes $150 After 11 Weeks of ETF Inflows

Solana price is back in focus after an analyst set a $150 target, citing demand for U.S. spot funds. The analyst said ETFs acquired roughly 4.37 million SOL since July 13, worth about $450 million. He cited 11 consecutive weeks of net inflows as a sign of sustained interest.

SOLANA BREAKOUT INCOMING

US Spot Solana ETFs have accumulated roughly 4.37 million $SOL, worth around $450 million, since July 13.

That marks 11 consecutive weeks of net inflows.

With institutional demand continuing to absorb Solana, I’m watching for the next leg higher toward… https://t.co/MFkzEsSE1U pic.twitter.com/t326pdjRTh

— Ali Charts (@alicharts) September 29, 2026

That forecast remains conditional on demand continuing. ETF buying could tighten supply, but SOL also responds to broader market swings. A lasting move toward $150 would need more than one strong week.

SOL ETF Inflows Extend Their Streak

U.S. spot Solana ETFs drew $188.21 million in the week ending September 27, SolanaFloor data showed. SolanaFloor called it the strongest weekly reading in 10 months. Bitwise’s BSOL led with $128.46 million, followed by Grayscale’s GSOL at $28.06 million.

Fidelity’s FSOL also collected $17.59 million, adding to gains across the larger funds. Data from SoSoValue showed another $12.70 million in net inflows on September 28. Cumulative net inflows reached $1.62 billion, with total net assets at $1.93 billion.

The assets represented 2.76% of Solana’s market capitalization. The 4.37 million SOL figure measures tokens amassed since July 13. The $1.62 billion measure covers net dollar flows over the funds’ entire history.

Solana Leads Tokenized Commodities Trading for the First Time

The Solana network led weekly spot trading in tokenized commodities for the first time, according to Blockworks data. From September 21 to 27, its decentralized exchanges processed $91.1 million, accounting for 28% of the combined $322.7 million market. 

Robinhood Chain ranked second with $81.3 million, or roughly 25%. Solana’s share rose from 5% four weeks earlier. Canton followed with $67.4 million, while Ethereum recorded $62.6 million in weekly spot volume.

Is $130 the Next Test for Solana Price?

The SOL price soared to $121.23 on September 29, extending its recovery from below $100 earlier this month. 

On September 27, Solana price momentarily climbed to near $125 before falling back to around $120. Solana has since recovered, with the closest support being $120.

A Long-term SOL projection trend beyond $125 would put $130 in the spotlight as the next target on the upside. In case the price of Solana drops below $120, the chart indicates additional support at $115 and $110.

The four-hour RSI stood at 55.99, suggesting momentum has improved. 

However, the MACD line remained below its signal line, and the histogram was negative. Those readings leave a move through $125 unconfirmed.