Solana (SOL) is starting November 2025 with notable bullish momentum, capturing the market’s attention. Recent data from the analytics firm CoinShares reveals $381 million in institutional inflows over the last four weeks. This strong capital influx reinforces the Solana price forecast as the asset trades near the critical $198 level. Optimism is growing after weeks of consolidation.
Institutional investors are demonstrating remarkable confidence in Solana. Recent capital flows reached $381 million over the past four weeks. This figure, reported by the analysis platform CoinShares, exceeds the combined inflows of all other altcoins. Such activity underscores the “smart money” conviction in the long-term potential of the Solana blockchain.
Concurrently, selling pressure is showing signs of exhaustion. Data from the on-chain firm Glassnode, via its HODLer Net Position Change metric, indicates that long-term holders are reducing their selling. This trend is a crucial positive shift. The months of September and October were marked by persistent LTH selling. A decline in this selling pressure is fundamental to supporting sustainable price growth.
Will SOL Break the $200 Barrier This November?
The historical context also supports investor optimism. November has traditionally been one of the strongest months for Solana, according to data from CryptoRank. Historically, the asset posts an average return of 13.9% during this month. The median return is even more impressive, standing at 27.5%. This seasonal precedent reinforces market confidence.
Currently, SOL is trading at $198, sitting just below the key psychological resistance of $200. Technical analysts note that the price is consolidating within a bull flag pattern. This type of formation often precedes an upward breakout. The Solana price forecast depends on a confirmation. The price must overcome the immediate resistance at $213. If it succeeds, the next clear target is set at $232 or higher levels. However, there is a risk if the breakout fails. If Solana cannot consolidate above $200, it could face a significant correction. The nearest support in that scenario is located at $175, which would invalidate the short-term bullish thesis.
Solana (SOL) is at a decisive technical and fundamental moment. The confluence of strong institutional inflows and reduced HODLer selling creates a favorable scenario. Furthermore, historical return patterns in November support positive market sentiment. Traders are closely watching the $200 psychological barrier. Surpassing this level is the key step to confirming the continuation of the bullish trend. Failure at this point, however, could return the price to lower consolidation ranges.
