After a slow week in the crypto market, Solana (SOL) is gaining attention again. It jumped 5% on November 25 to reach $135, hinting at a possible shift in sentiment.
This price rally is driven by traders returning to the market and bigger investors increasing their positions. Many believe this could mark the start of a stronger move upward.
Solana Price Rally Fueled by Institutional Confidence
The recent rise in Solana’s price did not happen in isolation. A big push came from a huge $39.5 million inflow into the Bitwise SOL Exchange Traded Funds (BSOL). This marks the fund’s biggest single-day inflow so far.
This massive inflow is significant because it happened while many other crypto ETFs were recording heavy outflows. This shows that big investors are gaining confidence in Solana.
At the same time, other Spot Solana ETFs are also doing well. The investment funds have seen 20 straight days of money flowing in, with $58 million added on November 24 alone. Since launching in late October, U.S. Solana ETFs have already collected an impressive $568 million.
Solana Rises Amid Crypto Market Gains
Solana’s upward push also aligns with a mild recovery across the crypto space. The global crypto market grew by 0.68% in the last 24 hours. Major coins like Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE) all saw small increases, showing a mild but positive market mood.
A new report from Franklin Templeton added more confidence to the market. Starting December 1, 2025, the company’s Crypto Index ETF will include more digital assets. Before now, the fund only held Bitcoin and Ethereum.
However, it will soon include XRP, Solana, Dogecoin, Cardano, Stellar, and Chainlink, as recently confirmed in a filing with the U.S. Securities and Exchange Commission (SEC).
Solana Eyes $140 as Buying Pressure Builds
At the time of writing, Solana is trading at $135.74, up by 4.71% in the last 24 hours. The token has been moving confidently above the $130 support zone. It had maintained this level throughout a period of consolidation between $130 and $140.
Solana is now heading toward a key price level at $140. If it rises clearly above this point, it could continue up to about $150. However, if it gets rejected at $140, the price may fall back toward $130.
Key technical indicators reflect a market leaning toward optimism, though with some restraint. The MACD value at 1.03 sits above the horizontal line, suggesting that upward momentum may continue. The histogram also shows moderate buying activity.
The Chaikin Money Flow (CMF) reading of 0.14 shows that capital flowing into Solana remains on the positive side. This reinforces the sentiment that the asset is still attracting investor interest rather than losing it.