Institutional Demand Persists Even as Solana Trades Far Below All-Time High
Solana exchange-traded funds (ETFs) have recorded a seven-day inflow streak, signaling sustained institutional interest even as SOL price performance remains under pressure. The trend highlights a divergence between market pricing and longer term capital allocation strategies among traditional investors.
During the seven day period Solana ETFs attracted consistent capital, with Tuesday marking the strongest inflow day at approximately $16.6 million. Cumulative data shows total net inflows reaching $674 million, underscoring continued demand despite broader crypto market weakness.
The U.S. launch of Solana ETFs began in July with a staked SOL product, followed by another major offering in October that generated $57 million in first-day trading volume, ranking among the most active ETF debuts of the year.
While ETF inflows remain positive, SOL price has struggled. The token is trading nearly 55% below its all-time high of $295, reached earlier this year. SOL has also remained below its 365-day moving average since November, a key technical support level.
Market data shows open interest in SOL perpetual futures exceeding $447 million, suggesting traders remain active despite declining prices. Resistance between $140 and $145 has capped recent recovery attempts.
The continued inflow streak suggests institutional and traditional finance investors are maintaining exposure to Solana through regulated products, even as short-term price action weakens. Analysts view this as a potential signal of long-term confidence in Solana’s role within onchain financial markets, especially as regulatory sentiment toward tokenized assets continues to evolve.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.