Despite experiencing a recent price drop, Solana’s exchange-traded funds (ETFs) have attracted over $400 million in investment from institutional investors. This surge highlights growing confidence in the long-term potential of Solana and its underlying technology. However, the current price action has triggered concerns as the coin breaks through its 211-day uptrend, a significant technical level that once served as support. This drop raises questions about future price movements. While institutional inflows are bullish, the market’s reaction suggests a divergence between investor sentiment and price action. Technical indicators indicate potential for further declines towards the $120 support level, though many remain optimistic about the coin’s long-term prospects.