- Solana’s market shows recovery signs as $527.9M ETF inflows grow, though analysts warn institutional demand could slow momentum.
- Small-cap tech and DeFi-linked stocks see sharp spikes and hard drops, showing how fast speculative trading is driving market swings.
- Analyst Aley sees $158-160 as key support and expects a push toward $220-240 once volatility cools and buying interest strengthens.
The dynamics of the Solana ($SOL) market point to a possible recovery. The Bitwise Solana ETF has seen $527.9 million in inflows since November 10, indicating that Solana Treasury firms are beginning to show signs of recovery, according to analyst Ted.
These inflows raise the possibility that $SOL briefly reached its lowest point. Ted cautions that if institutional buying doesn’t pick up speed, Solana might hit new lows. This development coincides with increased volatility in DeFi-related assets and small-cap equities, which is indicative of increased speculative activity.
Recent market fluctuations have paralleled trends observed in NASDAQ-listed businesses. Forward Industries Inc. saw a 14.8% rise in its recent trading session, rising to almost $47 before progressively declining to $8.54.
In a similar vein, Sol Strategies Inc. showed a typical boom-and-bust trend, rising close to $40 before falling to $3.61. While DeFi Development Corp. saw a slight increase of 13.6% after rising to $35 and then falling to $7.48, Sharps Technology Inc. peaked at $39 before plummeting to $3.27.
Additionally, substantial retail interest is shown by trading volumes during peak times, which represent speculative momentum in small-cap and crypto-adjacent stocks.
Analyst Insights and Price Outlook
Aley provides additional context, noting that $SOL experienced slight movement last night but remains under pressure. “The range I am currently monitoring is $158-160, and if this range is also lost, we may see a bit more pullback in the short term,” Aley said.
The analyst also thinks Solana could see a solid bounce once the market calms down from recent news events. Aley noted, “I wouldn’t be surprised if we see a push towards the $220-240 range before the end of the year.”
The price may still swing up and down in the short term, but a bigger move upward is still possible—especially if more institutions start showing interest.
The current market environment emphasizes cautious optimism. Besides inflows into Solana ETFs, small-cap tech and DeFi stocks continue to show parabolic rises followed by sharp corrections.
