Valor’s B3 approval expanded institutional access to Solana, while ETF inflows continued. Despite this, price developments remained fragile.
Institutional investors often look to growing ecosystems, and Solana has attracted attention despite lagging pricing amid market weakness. Bitcoin’s repeated declines weighed on sentiment and rippled through major altcoins.
Despite expanding institutional access, Solana remained cautious and directionless. At press time, Solana (SOL) was hovering around $128, trading in the range of $122 to $145.
A sideways move suggested consolidation rather than a decisive trend.
Institutional access expands in Brazil
Value received approval to list Valor Solana (VSOL) on the Brazilian B3 exchange on December 16. The listing expanded regulated, BRL-denominated access to Solana via traditional brokerage and custody rails.
The move placed Solana alongside Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Sui (SUI) on B3. By adding SOL to its Brazilian portfolio, Valor has increased Solana’s institutional visibility in a key Latin American market.
ETF inflows continued as FX supply declined
Data from the SoSoValue dashboard showed that Solana Spot ETFs continued to see net inflows. Daily inflows stood at nearly $3.64 million, while total net assets remained close to $926.33 million.
Source: SosoValue
The steady inflows coincided with SOL’s sideways price action within its established range.
At the same time, SOL tokens continued to leave exchanges, immediately reducing supply available on the sell side. This divergence highlighted accumulation behavior rather than aggressive short-term positioning.
Liquidity clusters keep downside risks active
Binance Liquidation Heatmap highlighted dense liquidity clusters around the $123 level. This area increased the likelihood of a short-term sweep in the event of continued weakness.
Source: CoinGlass
If Bitcoin continues its decline, SOL could lose its range support and slide towards the $95 zone. Such a move would likely be driven by broader market weakness rather than SOL-specific sales.
Can bulls reclaim a higher bid?
On the chart, Solana is trading in the mid ranges with buyers still lacking clear momentum.
The RSI printed 44.03, showing that demand remains weak and below the neutral line of 50. The MACD remained compressed, suggesting that the bearish pressure was fading but not completely reversing.
Source: TradingView
Solana needed to break above $145 to reclaim $170 to reach the highs of the range. A stronger recovery could then pave the way towards the $200 supply zone.
Despite the growth of ecosystems, these upward trajectories depended on the stabilization of risk sentiment.
Final Thoughts
- Valor’s B3 approval highlighted the growing institutional trust in the Solana ecosystem.
- Liquidity risks and weakness due to Bitcoin continued to shape SOL’s near-term direction.
