Solana Key Indicator Flashes First Bullish Signal | Crypto News
Solana (SOL) could also be on the cusp of a major market rally after the TremendousTrend indicator turned bullish for the first time in two months. The outstanding altcoin has been a major sufferer of the market downturn, dropping over 62% of its worth since October 2025. However, current positive aspects counsel a building momentum for a doable price recovery.
Solana (SOL) Set For Potential Trend Reversal – Analyst
In an X post on March 13, market analyst Ali Martinez shared that the TremendousTrend indicator was flashing a bullish signal in the Solana market – the first recorded since early January amid extended price struggles that stretched to last 12 months.Â
The TremendousTrend indicator is a technical analysis software used to establish the current market pattern, i.e., uptrend or downtrend, and potential buy or promote indicators. Martinez’s analysis reveals that the ST indicator indicated a promote signal in early February, around when Solana crashed to around $67.
For the first time since early January, the TremendousTrend indicator has turned bullish on Solana $SOL. pic.twitter.com/oCv8A6R93r
— Ali Charts (@alicharts) March 13, 2026
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However, SOL soon rallied to finally settle within a trading vary of $76-$90, a consolidatory motion that has lasted over the last 4 weeks. In explicit, Solana has twice recorded a reasonable price motion above $90 in March, with the most current one clashing with the buy signal from the Supertrend indicator.Â
However, it’s value noting that a bullish signal by the TremendousTrend indicator doesn’t guarantee a sustained upward breakout, as the indicator is based on historic price and volatility data and can produce false indicators. In the event of a potential breakout, traders can anticipate an initial price rise to around $103, which represents SOL’s quick resistance zone, following the prolonged correction seen in the last few months.
Solana ETFs See Significant Drop In Netflows
In other news, data from SoSoValue reveals that inflows to the Solana Spot ETF have been comparatively slow this week. At the time of writing, complete web influx for this week is $3.10 million, representing an 83% decline from the ultimate figures of the earlier week.Â
At the same time, Solana trades at $88.95, reflecting a 2.8% growth in 24 hours, and 11.15% in 30 days. Price gain mixed with declining inflows signifies that the current upward motion could also be pushed more by spot market demand and broader market sentiment somewhat than strong institutional capital.
Within 5 months of trading, complete cumulative inflows into the Solana Spot ETF now stand at $961.08 million, while complete web belongings are valued at $824.87 million, i.e., 1.67% of Solana’s market cap. At the time of writing, Solana’s complete market worth is set at $54.74 billion, permitting the asset rank as the seventh largest cryptocurrency in the market.
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