Will SOL Recover With Strong Institutional Buying?

Solana price remains steady above the $120 support after the recent crypto market pullback. The overall market dropped 2.26% in 24 hours, with Bitcoin hovering below $88,000 and Ethereum trading under $3,000. 

In the meantime, the recovery of Solana is optimized due to the indicators of deep institutional accumulation. With investor confidence, the figures might favor the upward trend. Significantly, U.S. GDP increased by 4.3% in Q3, which also provides macroeconomic support to the market outlook.

Solana ETFs Record Fresh Institutional Inflows

Solana exchange-traded funds posted fresh net inflows of about $7.4 million during the latest trading session.

The information revealed increasing institutionalization of various Solana-based ETFs.

Market investors indicated the inflows were indicative of accumulation as opposed to short-term speculation.

Institutions seem to be getting more exposed because Solana remains supported by constant network usage and liquidity.

The accumulation story was also supported by fund flow values that showed steady distributions within the latest sessions.

Analysts observed that long-term inflows in ETFs are usually good signs of growing confidence of long-term investors.

Solana Revenue Set to Surpass Ethereum in Historic Flip

Solana revenue is on track to exceed Ethereum’s annual totals for the first time since both chains launched.

According to DeFi Development Corp, during 2025 year-to-date (YTD), the protocol revenue of Solana was about 1.4 billion, which is almost three times more than that of Ethereum, 522 million. 

The sudden increase is a turnaround compared to the last few years, during which Ethereum was always ahead of Solana in network revenue.

The chart indicates that Ethereum recorded the highest revenue of $5.1 billion in 2021, and Solana recorded a revenue of just 28.1 million. In 2023, Ethereum’s revenue was lowered to 2.4 billion, whereas Solana gradually increased to 28.95 million. 

Nonetheless, 2024 experienced a significant change Solana raised $1.42 billion against that of Ethereum’s $2.5 billion.

In case the growth continues, Solana will become the largest revenue-generating blockchain network by 2025.

Will Solana Price Hold $120 Support or Break Down?

As of the report, the SOL price traded at $122.64, registering a 1.78% drop in the last 4-hour session. 

The price is stuck in a range of between the $120 support and the $130 resistance zone. This horizontal formation is an indication of further consolidation following rejection several times around $130.

A break below $120 could initiate a slide to $112. However, a bounce from this support with rising volume may push the long-term Solana forecast back toward $130 and potentially $140.

The Relative Strength Index (RSI) is at 40, below the neutral 50, and is moving downwards. The Moving Average Convergence Divergence (MACD) histogram has become red. The MACD line has passed below the signal line.