2026-01-08 19:23:46

Recently, Solana's performance has indeed attracted a lot of attention. While the overall market has been fluctuating, it has firmly held the key level of 135. More notably, Morgan Stanley has submitted an application for a Solana ETF, and market expectations for institutional capital inflows have been heightened.

Why is this round of SOL's rally worth following? Here are a few perspectives:

**Institutional Allocation Logic**
BTC and ETH have already passed the initial stage of institutional recognition. Now it's SOL's turn to become the next focus of institutional allocation. From a capital perspective, this force is quite formidable. The ETF application progress indicates that more compliant funds are lining up to enter.

**Technical Breakthrough**
Currently, Solana is challenging the strong resistance at 142 USDT. If it can hold steady this time, the upside space will directly open up to the 155-160 range. Looking at the longer term, there is even more room for imagination.

**On-Chain Clues**
The number of active wallets daily is steadily increasing, and the supply of stablecoins within the ecosystem has surged by 900 million in a single day. Such data changes usually indicate one thing — large funds are quietly positioning.

**Practical Trading Points**

Pay close attention to the support levels around 132-136 USDT. Once a pullback does not break below this range, it’s a good opportunity to add positions. The first confirmation target is 142 USDT; breaking through this level can basically confirm that the short-term bull market is still ongoing. For the medium term, a target range of 155-170 USDT is reasonable. As for risks, if the price drops below 128 USDT with increased volume, it’s necessary to take some precautions.

In this rally, what do you think about SOL breaking through its previous all-time high of 260 USD? Share your thoughts in the comments!

SOL0.23%

BTC0.21%

ETH-0.25%

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AlphaWhisperer

· 22h ago

Once Morgan Stanley makes a move, institutional funds are about to start harvesting profits. Stay tuned.

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GateUser-9ad11037

· 22h ago

Morgan Stanley's move has triggered FOMO among institutions. This wave of SOL really has some substance. --- $260? Let's get past 155 first, don't think too far ahead. --- The signal of stablecoin surging by 900 million is too obvious. Big players are laying low. --- If the 132 support level isn't broken, I dare to add more. Anyway, I'm betting on it. --- How much can the ETF rise after passing that day? There are probably more people missing the boat now. --- This time, SOL doesn't seem like those previous false flames; on-chain data is right there. --- 260? I think even 200 is a stretch, don't say it's unrealistic. --- If it can't break 142, I'll just liquidate everything. No need to hesitate. --- Large capital allocations aren't necessarily a good thing; they might cause a dump, everyone. --- Don't follow the trend this round. Wait until it breaks 155 before getting in.

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LiquidatedDreams

· 22h ago

Morgan Stanley's move is indeed fierce; this time SOL is a bit different. --- The 260 level... honestly, it's a bit uncertain, but let's see if 142 breaks first. --- Stablecoins surged by 900 million? Big players are eating. --- I'm already lurking around 132, just waiting for it not to break support. --- Advancement of ETF applications = compliant funds lining up, this logic makes sense. --- The short-term bull market is still ongoing; in the medium to long term, it depends on the real user data of the ecosystem. --- $142 first, then dream about $260 haha. --- On-chain data is so strong; I don't believe institutions will really stay on the sidelines. --- If it drops back below 128, I'll just run; I don't have the mindset to bottom fish. --- Active wallets are rising + big funds are quietly positioning; this combo punch has some substance. --- Speaking of which, the story of SOL this round is more imaginative than BTC and ETH.

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fomo_fighter

· 22h ago

Morgan Stanley's move made me realize this wave is about to take off; institutional funds are entering, it's different --- Is 142 really unbreakable? It feels a bit uncertain --- Stablecoins surged by 900 million? How many institutions are secretly building positions? --- $260? That's too optimistic. I'll first buy some at 136 and then see --- Remember the risk point at 128, if it breaks below, just run --- With ETFs and institutional allocations again, this story is really well told --- SOL finally gets to try the crab, BTC and ETH have already eaten --- Support below 132, hold on tight, that's my bottom line --- Can't imagine $260, first get 155 then boast --- On-chain data is so strong, why hasn't it broken 142 yet? Is it real?

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AirdropChaser

· 22h ago

Morgan Stanley enters the market? This time, SOL really has something, and the big funds' layout is quite aggressive. --- Steadily holding at 135, I believe in it, just afraid that institutions will cut the leeks and then run away. --- 260? Overthinking it, let's see if 142 can be taken first. --- On-chain data is so strong, stablecoins have surged by 900 million, it feels like it's about to take off. --- Buy the dip at 132-136, I am already lurking there, waiting for a retest. --- Every time I hear "big funds' layout," I think of the last scene where I got cut... better to be cautious. --- Once the ETF passes, this thing might skyrocket. Is it still possible to get on now? --- Breaking through 142 to confirm a bull market? Bro, that's easy for you to say, I think we still need to look at volume. --- 260 is probably an inflated target, let's break 155 first and then talk about dreams.

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digital_archaeologist

· 22h ago

This wave of SOL really has some substance; the institutional involvement is becoming more evident. The fact that Morgan Stanley is applying for an ETF should be taken seriously. Once compliant funds flow in, it will be a different story. That 260 mark is a historical high... we'll have to see if BTC can support it; relying solely on SOL to push through might be a bit risky.

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