Solana’s SOL is approaching the key $100 resistance level as on-chain governance (protocol decision-making by token holders) becomes active and spot Solana ETF inflows resume in March 2025. A new governance proposal seeks to improve network efficiency, while daily active addresses and transaction volumes remain consistently above historical averages. SOL holders can participate in protocol decisions, a process that can increase community engagement and influence market sentiment. Spot Solana ETFs recorded net inflows for three consecutive trading days, according to data from multiple asset managers, following outflows in late February. The renewed flows suggest stronger institutional demand for SOL exposure as the broader crypto market stabilizes. SOL has consolidated between $90 and $98 over the past week. A break above $100 could lead to a test of $110, a resistance level not seen since January, while support is positioned at $85. The relative strength index (RSI), a momentum indicator, stands at 58, pointing to moderate bullish momentum without overbought conditions. If the governance proposal passes and ETF inflows continue, the combination could improve the chances of a sustained breakout, although a failure to clear $100 could send SOL back toward lower support levels. Traders are advised to monitor both catalysts, remain cautious in volatile conditions and conduct their own research.