Solana News Update: Institutions Invest $370 Million in Solana ETFs Amid 5-Month Price Slump
- Solana ETFs (BSOL/GSOL) gained $370M in inflows despite SOL hitting 5-month lows amid broader crypto declines. - Contrasts Bitcoin/ETH ETF outflows ($870M BTC exodus) as institutional demand for Solana remains strong. - Technical indicators signal potential $100 support break, but ETF inflows persist with NYSE options boosting participation. - Market divides: $150 resistance vs. $142 support levels, with RSI near oversold but bullish divergence emerging.
Solana ETF Investments Climb Even as
Solana (SOL) is under sustained selling pressure, hovering near its lowest point in five months as the wider crypto market struggles after Bitcoin (BTC) slipped under $100,000. Yet,
This disconnect between ETF inflows and price movement has fueled discussion among market observers. While institutional interest in
Despite these challenges, institutional investors seem unfazed.
Opinions remain split on Solana's short-term outlook. Some view the steady ETF inflows as a sign to buy, while others warn that weak on-chain data and overall market instability could extend the decline. Should Solana maintain levels above $150, it could challenge resistance at $173, but
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Wall Street Connections Heighten Crypto Risks as Bitcoin Reaches Lowest Point in Six Months
- Bitcoin hit a six-month low at $103,778 amid AI-driven economic fears and geopolitical tensions, driven by leveraged liquidations and risk-off sentiment. - Institutional support for Bitcoin ETFs remains strong, with $130B in assets despite $2.9B in outflows, as BlackRock's IBIT ($80.58B) attracts inflows. - Trump's $2,000 tariff proposal briefly boosted Bitcoin 2% but intensified trade tensions, highlighting crypto's sensitivity to macroeconomic policy shifts. - Technical indicators show sustained bearis

Ethereum Updates Today: Institutions Accumulate While Long-Term Investors Exit, Intensifying the Crisis of Confidence in Crypto
- Institutions like BitMine continue buying Ethereum despite market declines, accumulating 19,500 ETH this month. - Long-term holders sell at breakeven while super-whales add $53.9M ETH, highlighting fragmented market sentiment. - Bitcoin/ETH ETFs see $1.13B outflows as prices fall below $100k and $3,150, with $1.1B in leveraged liquidations. - Market remains bearish with weak retail demand, but large buyers and Ethereum's Fusaka upgrade could drive volatility shifts.
