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Solana holds near $80 amid $113M ETF inflows despite weak technicals and liquidation risks.

Market News
31 May 2026
Tokenpost
View Source
Neutral
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Solana (SOL) remains rangebound near $80 despite strong institutional demand shown by $113 million in ETF inflows during May. Technical indicators are bearish, with SOL trading below key moving averages and facing liquidation risks near $68, suggesting vulnerability to sharp dips. However, steady ETF inflows indicate longer-term accumulation, balancing the short-term downtrend. Analysts say a sustained move above $98–$100 is needed to confirm a trend reversal, while geopolitical tensions and macro conditions could trigger volatility in the near term.

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