Solana's technological turning point: ETF funds + privacy transition are the key to breaking through $150

MetaNeighbor · 2026-01-15T12:20:03+00:00

The essay discusses the positive indicators for Solana, including significant institutional inflows, the launch of a privacy-oriented hackathon, and favorable technical signals, suggesting a potential breach of the $150 mark, contingent on overcoming key resistance levels.

MetaNeighbor

2026-01-15 12:20:03

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What Institutional Wallets Prove: The Significance of 8 Weeks of Continuous Inflows

The most straightforward way to look at Solana is through spot ETF inflows. Just last week, the US spot SOL ETF saw a net inflow of $41.08M, marking 8 consecutive weeks of inflows, which decisively dispels any doubts that “institutions have left.” The flow of institutional funds does not lie. While short-term volatility may occur, sustained net inflows should be interpreted as a signal of long-term positioning.

Privacy Track Expansion: Solana Unveils a New Card

The ‘Privacy Hack’ hackathon that started on Monday is not just a simple event. It signals that Solana is making a serious entry into the privacy space.

Hackathon Details:

Total Prize: $75,000
Main Tracks: Private Payments, Launchpad, Open Track
Deadline: February 1

While it differs from privacy-focused projects like Zcash or Monero, Solana now has a narrative capable of attracting a new demand segment. It has developed a technical direction that appeals to both smart money and retail investors.

Market Reaction: Mild Bullishness, but Clear Direction

Solana rose about 3% on Sunday and an additional 2% on Monday. It’s not a sharp surge, but a recovery of support levels and regaining momentum.

Derivatives Market Signals:

Open Interest(OI): +4.90% in 24 hours → $8.58B
Long/Short Ratio: 1.0235 (Long Slightly Ahead)
Liquidation Pattern: Shorts $12.61M vs. Longs $2.14M

The larger liquidation of short positions indicates that the short side failed to defend during the rebound. However, longs are not overwhelmingly dominant. It’s a cautious bullish stance.

Technical Judgment: Break Through Three Key Levels

Current SOL Price: $144.97

Having re-entered above the 50-day EMA($136), Solana is targeting $150. Key levels to pass:

Bullish Scenario:

$145 (November 4 Low): First resistance zone – crossing this reduces psychological resistance
$150: Main target – a significant round number technically
$159 (R2 Pivot): Next upward extension point

A new SuperTrend buy signal has triggered, and RSI is rising to 63, indicating increasing momentum. MACD is expanding above the zero line. Short-term technicals are quite positive.

Bearish Scenario: If resistance reappears around $145–$146 and a deep correction occurs:

$136 (50-day EMA): If this support fails, downside acceleration follows
$116 (December 18 Low): Next target for downward testing

This is precisely a critical juncture. Breaking upward would paint a good picture, but failure to do so would put the price back on the testing stage.

Summary: ETF Inflows + Privacy Narrative + Technical Bullishness

Solana is currently attempting to break through with three positive factors: sustained institutional inflows, the launch of a new tech track, and a fresh technical buy signal. However, confirmation of a decisive breakout is still needed. How $145 is handled will determine the reliability of this rally.

SOL-2.7%

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