Solana is drawing support from two different signals as ETF inflows remain near $1.45 billion and the chart shows a breakout retest above a former consolidation range. Together, the data points to steady investor demand while putting the next move toward $100 back in focus. Solana ETF Flows Hold Near $1.45 Billion Despite Price Drop Solana spot ETFs recorded about $1.45 billion in cumulative flows by March 2, 2026, according to a chart shared by Bloomberg Intelligence and cited by ETF analyst Eric Balchunas on X. The chart shows flows rising steadily from July, with one of the sharpest increases appearing between late October and late November. Earlier in the period, cumulative flows stood near $0.41 billion on Oct. 23, 2025. Cumulative Solana ETF Flows: Source: Eric Balchunas on X Balchunas said Solana fell 57% since the spot ETFs launched in July. Even so, he noted that the funds largely kept their inflows instead of seeing major capital leave. That matters because ETF flows often weaken when the underlying asset drops sharply. In this case, the chart suggests investors continued allocating to the products through volatility. He also said about 50% of assets came from 13F filers, which usually refers to institutional investment managers that disclose holdings to the U.S. Securities and Exchange Commission. That detail points to a more established investor base inside the Solana ETF market. As a result, the flow data suggests demand remained firm even during a steep decline in SOL’s price. Solana Breakout Puts $100 Back in Focus Solana moved above its earlier consolidation range on the four hour chart and then returned to test the breakout area, according to analysis shared by Trader Tardigrade on X. The chart shows SOL breaking out of a range between $75 and $90, then pulling back toward the former trendline resistance. That retest now matters because it can show whether buyers still control the move. Solana 4H Breakout Retest: Source: Trader Tardigrade / X During the consolidation phase, Solana traded sideways for several sessions while holding support near the lower end of the range. At the same time, repeated rejections near the upper boundary kept price capped. Once SOL pushed above that structure, the chart signaled a breakout from the range that had limited price action for weeks. Now the focus shifts to the retest. If Solana holds above the broken trendline and maintains support after the pullback, the breakout structure may stay intact. In that case, the next upside objective stands above $100, which the chart marks as the next target zone. However, the retest remains the key short term level because it will help determine whether the breakout can continue or lose strength.
