Solana Slumps to 5-Month Low as ETF Fails to Lift Price

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Solana ETFs recorded inflows for 13 consecutive days, but SOL price lost key technical support levels, sparking fears of a drop to $100.

The spot Solana ETFs have recorded inflows for 13 consecutive days.

SOL broke its multi-year uptrend, slipping below a key moving average.

Spot Solana exchange-traded funds continued to attract investor interest, recording their thirteenth straight day of inflows, underscoring institutional demand for the network’s native asset.

According to data from SoSoValue, Solana ETFs added $1.49 million on Thursday, bringing cumulative inflows to $370 million and total assets to over $533 million. The Bitwise Solana ETF (BSOL) was the only one that recorded inflows on Thursday, marking the weakest since its launch on Oct. 28.

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