Can Solana hit $170? Only if SOL clears THIS price level

Solana [SOL] prices are pushing against a major pennant-pattern resistance at $142 after spending the past week moving within a tight consolidation range.

The setup has traders and investors alike watching the token price action closely, especially as the pattern has already delivered several strong moves for Solana over the past month.

Solana ETF inflows return as institutions re-enter the market

Since Solana’s price bounced off the pennant support on the 22nd of November, institutional appetite for the altcoin has followed a similar trajectory.

According to the recent data, Solana ETF inflows have picked up again, mirroring the pattern seen during previous retests of this formation.

Each inflow spike has coincided with a strong upward price reaction. The steady return of capital into the Solana ETFs suggests that institutions remain confident in SOL’s medium-term outlook.