SOL Climbs Back Above $145 as Morgan Stanley ETF Talk Builds

⬤ Solana has been quietly climbing, breaking back above $145 after spending weeks in a tight range. This kind of slow, steady movement tends to signal the early stages of a broader expansion rather than just a quick bounce. The daily chart shows SOL stabilizing and moving back toward the middle of its range after previously dipping below key support.

⬤ The move above $145 matters because that level has been a key pivot during the recent consolidation. Instead of a sudden breakout, the price has been building through gradual acceptance and higher lows. This supports the idea that Solana could be setting up for more upside, with $170 emerging as the next area to watch based on recent structure.

⬤ Beyond the technicals, there’s growing buzz around Solana’s institutional story. Expectations of a Morgan Stanley-linked ETF are being seen as a real differentiator for SOL. As one analyst noted, “Morgan Stanley’s role as a major wirehouse, supported by a broad network of registered investment advisors, gives it the ability to distribute products at scale.” That kind of reach could change how investors access exposure to Solana.

⬤ The combination of improving price action and expanding institutional interest points to a broader shift in how certain crypto assets are being positioned. If Solana holds above $145 and institutional products start gaining real traction, it could set SOL apart from the wider altcoin pack. The involvement of major financial players continues to reshape how traditional finance and digital assets interact, influencing both sentiment and market behavior across the sector.