Once $74 is broken through, it's a new horizon; if not, the grind continues. ETF funds are coming in, which shows institutions are more patient than retail investors.

CoinWorld News reports that Solana price is currently facing a critical test at $74 after eight consecutive months of decline. Although Solana price found support in the $60 range and rebounded to around $69, momentum remains fragile. The current price is still below the 50-day, 100-day, and 200-day exponential moving averages, limiting the upside potential for bulls. Analysts indicate that a breakout above $74.75 could open the path to $76.18. Meanwhile, inflows into Solana ETFs show continued institutional interest in the asset, although short-term price movements still need to watch the support level at $68.