Solana (SOL) recorded three consecutive positive trading sessions, lifting its price to $73.74 on Tuesday and delivering roughly an 11% gain over the past three days.
Price Momentum and Moving Averages
The token’s rally keeps SOL trading beneath the 50‑day EMA of $78.13, the 100‑day EMA of $85.11, and the 200‑day EMA of $101.67. Despite the upward swing, the price remains under these critical moving‑average thresholds, signaling that further upside may require a breach of these levels.
Institutional Flow Shifts
Spot Solana exchange‑traded funds attracted $2.81 million in net inflows on Monday, according to SoSoValue data, reversing the $2.58 million net outflows recorded the week before. The inflow suggests a renewed appetite among investors for SOL‑linked products.
Analyst Ritika Gupta highlighted the SOL/BTC pair, noting that its weekly close achieved the strongest performance since early May. This development hints that Solana could start to outpace Bitcoin as capital moves toward higher‑risk crypto assets.
Technical Sentiment Indicators
CoinGlass data shows SOL’s long‑to‑short ratio fell to 0.96 on Tuesday, slipping below the neutral 1.0 mark and indicating a tilt toward bearish positioning among traders. Additionally, funding rates turned negative at –0.001%, meaning short‑position holders are now compensating long‑position holders, a pattern typically associated with bearish market expectations.