Solana (SOL) Price: ETF Inflows Exceed $11 Million, Surpassing Bitcoin and Ethereum Combined

TLDR

• Solana ETFs recorded over $11 million in net inflows last week, exceeding Bitcoin and Ethereum ETF inflows combined during the same period
• Solana led all blockchains with $4.4 billion in decentralized exchange volume in 24 hours, surpassing Binance Smart Chain and Ethereum
• Fidelity’s Solana ETF saw $9.85 million in daily inflows, bringing its cumulative total to approximately $148 million
• SOL price is trading near $126-127 with key resistance at $130 and support at $120
• Solana reached $1 billion in tokenized real-world assets with institutional firms like R3 building native infrastructure on the network

Solana is trading near $126 after a week of consolidation in the broader crypto market. The token has maintained its position above key support levels despite recent selling pressure across digital assets.

Bitcoin is hovering around $89,000 while Ethereum trades near $2,950. The crypto market faces uncertainty as the Senate suspended sessions Monday to mark up crypto legislation.

Solana ETFs recorded more than $11 million in net inflows over the past week. This figure exceeded the combined inflows of Bitcoin and Ethereum ETFs during the same timeframe.

Bitcoin ETFs saw outflows of $38.53 million while Ethereum ETFs experienced a decline of $64.86 million. The contrast highlights shifting institutional preferences toward Solana exposure.

Fidelity’s Solana ETF led the inflows with $9.85 million entering the fund in a single day. This pushed Fidelity’s cumulative SOL ETF inflows to around $148 million.

Grayscale and Bitwise also contributed to the institutional flow into Solana products. Total net assets in Solana ETFs now stand at $1.08 billion.

Network Usage Climbs While Price Consolidates

Solana recorded $4.4 billion in decentralized exchange volume over 24 hours. This surpassed all other blockchain networks during the measured period.

Binance Smart Chain posted $318 billion in DEX volume while Ethereum recorded $282 billion. Solana’s performance places it at the top of blockchain networks by this metric.

The network processed $312 billion in stablecoin transfer volume. Active addresses reached 27.1 million, representing a more than 50% increase week over week.

Staking participation on Solana hit all-time highs. The data suggests long-term holder confidence rather than short-term speculative activity.

Institutional Infrastructure Development Expands

Enterprise blockchain firm R3 is building Solana-native infrastructure focused on private credit and trade finance. Coinbase completed full Solana chain integration to expand liquidity access across major regions.

Solana crossed $1 billion in tokenized real-world assets. Flows connected to BlackRock’s BUIDL initiative and rising USDC velocity supported this milestone.

The Relative Strength Index fell to 39.35, approaching oversold territory. The Moving Average Convergence Divergence sits at 0.30, reflecting the current negative sentiment.

Resistance levels appear near $130 and $140. Support is expected around $120, with a potential test of $110 if selling continues.

The upcoming Alpenglow upgrade targets faster finality and expanded block capacity. SOL remains below its 50-day exponential moving average near $134 and 200-day EMA around $136.

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