The Solana price rebound is catching investors’ attention as they rush to take long positions at an unusually high rate. The blockchain token’s recent decoupling from broader market sluggishness, driven by institutional investments, has sparked a rally that is rewriting its 2025 trajectory. With whispers of Solana ETF momentum becoming louder, Solana is bouncing back and leading the charge.
Solana Price Actions and Institutional Catalysts
Solana futures on Binance show bullish sentiment, with 71.87% of investors holding long positions. Despite recent price changes, investor confidence remains high as the Solana price has continued to grow over the last few days. The increased long/short ratio of 2.55 indicates a definite preference for long holdings.
As of April 17, Solana’s price hovered around $133, with a market cap of about $62.1 billion. The daily trading volume is $3.7 billion, indicating greater interest from traders as prices neared the $135 resistance level.
Institutional interest in Solana increased in 2025, driven by massive investments and innovative financial instruments. Notably, the recent $10.5 million SOL purchase by the commercial real estate technology firm Janover suggests increased confidence from big players.
Additionally, Canada’s launch of Solana ETFs on April 16 has created new channels for institutional investment, generating considerable inflows and driving market activity.
Regulatory clarity also plays a role, as the SEC dismissed charges against Solana-based Helium, reducing concerns about crypto compliance. This encouraging climate, combined with Solana’s developing use cases and increased monthly active addresses, is helping reinforce its appeal to organizations looking beyond Bitcoin and Ethereum.
Solana’s Future Outlook
Solana’s technical forecast is bullish, with 12 indicators signaling “buy,” 8 indicating “neutral,” and only 5 signaling “sell.” The price is trading firmly above the 20 and 30-day EMAs, providing strong support and continuous momentum. Most oscillators remain neutral, signaling likely short-term consolidation as investors carefully consider the next move.
Key resistance levels are seen at $135.45 and $139.46, while support remains firmly at $125.58. A price staying above $130 is important for bulls, as it might pave the way for higher targets. Overall, the trend favors buyers, but cautious investors should look closely for signals of consolidation before a major breakout occurs.
Building on its bullish technical outlook, the SOL price shows significant rebound potential as the TD sequential recommends a weekly buy. Hosting over 1,000 projects, including top DEXs Jupiter and Raydium, it processes 100 million daily transactions from 500,000 active wallets, which helps sustain Solana’s standing as a leading layer 1 blockchain.
