Solana reclaims the 50-day EMA as bulls target a breakout above $81.50

Solana (SOL) extended its recovery on Wednesday, rallying about 4% to climb back above its 50-day EMA at $76.82, with bulls targeting a breakout above $81.50. Rising futures trading volume and positive funding rates indicate growing bullish sentiment among retail traders. However, Solana ETFs recorded two consecutive days of zero inflows, signaling muted institutional demand.