Solana ETFs Defy Market Trends with $400M Inflows Despite SOL Price Correction
Despite Solana's (SOL) recent 16% price decline to $148.11, breaking a 211-day uptrend, institutional interest remains robust. Spot solana ETFs have attracted over $400 million in weekly inflows since their October launch, with Bitwise's BSOL leading at $401 million in assets under management. Grayscale's GSOL also shows strong uptake. Technical analysts caution that failing to hold the $155 support level could trigger further downside. This divergence between price action and institutional flows highlights Solana's growing adoption in traditional finance, even amid short-term market volatility.
Solana ETFs Draw $400M Inflows Amid SOL Price Decline
Spot Solana ETFs have attracted over $400 million in weekly inflows since their October launch, signaling robust institutional demand. Bitwise's BSOL leads with $401 million in assets under management, while Grayscale's GSOL also shows strong uptake. This surge contrasts sharply with SOL's 16% price drop to $148.11, breaching a 211-day uptrend.
Technical analysts warn that failure to hold the $155 support level could trigger a slide toward $120-$100. The divergence between ETF inflows and price action raises questions about whether institutional accumulation will offset selling pressure. Market participants now watch whether this represents a buying opportunity or the start of a deeper correction.
Forward Industries Reports $382M Unrealized Loss on Solana Holdings
Forward Industries faces a steep $382 million paper loss on its Solana investment as the cryptocurrency's price continues to decline. The Nasdaq-listed company holds 6.82 million SOL tokens acquired at an average price of $232, now worth just $156.43 each—a 24.13% drop.
Solana's market capitalization stands at $86.51 billion amid broader DeFi sector volatility, with TVL dropping 5.44% to $9.92 billion. Forward Industries' market cap now trails its crypto holdings by $900 million, while its share price has plummeted 74% year-to-date.
Solana Rallies 12% as ETF Inflows Extend to Seven Straight Days
Solana surged past $160, marking a 4% rebound from its $155 support level as institutional and retail interest reignited. Futures open interest climbed 2.73% to $7.64 billion, with funding rates flipping positive—a clear signal of returning bullish sentiment.
US spot Solana ETFs recorded $9.70 million in net inflows, sustaining a six-day streak of capital deployment. Despite this momentum, Solana's stablecoin market cap contracted 8.16% to $13.816 billion, suggesting tightening liquidity conditions.
Technical barriers loom at $165-$166, with a critical resistance zone awaiting at $172-$177 should the rally continue. The market's appetite for leverage resurfaced, evidenced by $7.19 million in short liquidations outpacing longs.
Prediction Markets Gain Traction as Hybrid Asset Class
Prediction markets are evolving beyond niche betting platforms into sophisticated information markets, according to Bernstein Research. The sector now spans economic indicators, corporate events, and financial data—functioning as a cross between derivatives trading and real-time intelligence feeds. Tokenization and regulatory progress are driving institutional interest.
Kalshi and Polymarket emerge as key contenders with divergent strategies. Kalshi's compliance-focused approach, including CFTC-approved political contracts and Solana integrations, contrasts with Polymarket's decentralized roots. Both platforms exemplify the convergence of traditional finance mechanisms with blockchain-native solutions.
