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Solana holds $82 amid $1B ETF inflows but faces downside risks toward $75 from volatility and macro factors.

Market News
30 May 2026
Tokenpost
View Source
Neutral
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Solana (SOL) trades near $82 despite over $1 billion in cumulative inflows into spot ETFs, signaling strong institutional demand. However, technical resistance around $83 and $88-$90, combined with elevated volatility and macroeconomic uncertainties, suggest potential downside pressure toward $75 and possibly the low $60s if support breaks. Futures open interest dropped 30% in May, indicating deleveraging and cautious sentiment. Standard Chartered lowered its 2026 price target to $250 but remains bullish long-term, expecting growth if macro conditions improve.

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