Solana (SOL) is drawing a sharper split between weak ‘technical structure’ and steady ‘institutional demand’ after spot ETF inflows accelerated in May even as the token remained pinned in the low-$80 range. Market participants say the stalemate matters because it suggests the current downtrend is being met by longer-horizon accumulation rather than momentum buying—leaving SOL vulnerable to a liquidation-driven dip while also supported by persistent ETF demand.
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