Solana News Update: Institutional ETFs Drive Solana’s Surge as Altcoin Draws $6 Billion in New Investments
- Solana (SOL) sees rising institutional adoption via ETFs and large investor inflows, with REX-Osprey's SSK ETF managing $400M+ assets. - A major investor executed 3 consecutive days of selling HYPE tokens for USDC to accumulate 350,000 SOL, signaling strategic rebalancing. - JPMorgan forecasts potential $6B inflows for upcoming Solana ETFs, highlighting growing institutional confidence in staking-based products. - SOL's $195 price (up 12% from monthly low) and $105B+ market cap reflect ecosystem maturity
Solana (SOL) is witnessing heightened interest from institutional players, as both ETFs and major investors are increasing their positions in the cryptocurrency. The REX-Osprey Staking
The SSK ETF’s strong performance reflects a wider movement toward institutional adoption. Since its debut in August, the fund has experienced just one week of outflows, with this week’s net inflows reaching $24 million, up from $14.5 million the previous week. This momentum highlights the attractiveness of staking-focused ETFs, which pay staking rewards directly to holders. Analysts at JPMorgan forecast that upcoming Solana ETFs from companies such as VanEck and 21Shares could draw over $6 billion in their first year, pointing to substantial institutional interest ahead.
Alongside ETF developments, Solana’s network is seeing active portfolio adjustments by a significant investor. Blockchain records indicate that an entity holding 1 million SOL has sold 1.817 million HYPE tokens for $65.43 million in USDC, then used these funds to buy 350,000 SOL at an average price of $186.50. This is the third day in a row of such trades, leaving the investor with over 743,000 HYPE tokens valued at $26.12 million. This approach, which involves cross-chain transactions and strategic asset shifts, demonstrates a calculated method to capitalize on Solana’s liquidity and price swings, according to a
Technical signals also indicate
The combination of ETF inflows and institutional trading highlights Solana’s expanding status as a liquid alternative asset. As mainstream ETFs await possible approval, current trends indicate a market ready for additional investment. With staking returns, cross-chain liquidity, and tactical rebalancing fueling demand, Solana’s standing as a leading altcoin continues to strengthen.
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
XRP News Today: XRP ETF Inflows and RLUSD Rally Counteract Bearish Death Cross Predictions
- Analysts challenge bearish XRP forecasts despite 40% price drop and death cross signals, citing strong RLUSD growth and $622M ETF inflows as bullish fundamentals. - Technical indicators show mixed signals: daily RSI divergence suggests weakening selling pressure, while weekly charts maintain bearish divergence. - EGRAG draws parallels to 2017/2021 consolidation phases, noting XRP remains above 200-day MA and lacks 2018 crash's momentum collapse. - Key resistance at $2.30-$2.40 could trigger $2.60 rally i
Ethereum News Update: Crypto's Battle for Dominance: Ethereum and Solana Emerge as Leading Survivors Over Competitors
- Arthur Hayes, BitMEX co-founder, asserts Ethereum and Solana are the only viable long-term layer-1 blockchains, dismissing projects like Monad as "zero" with inevitable collapse. - He highlights Ethereum's institutional adoption, security, and scalability as key advantages, while Solana faces challenges sustaining growth amid waning meme coin momentum. - Hayes predicts market consolidation, noting most L1s lack real-world utility, and criticizes Monad's speculative hype despite its short-lived price surg
BNB News Update: BNB Faces Key Support—Will It Bounce Back or Continue Falling?
- Binance Coin (BNB) tests critical support near $836.72 as RSI hits oversold 29.78, signaling potential short-term reversal. - CoinCodex forecasts bearish 2025 outlook with $895.73 average price, while 2026 projections mirror 2025's $830.27-$970.50 range. - Key support at $790.79 and resistance at $885.45 identified; breakdown below $790.79 risks $750-$760 correction. - Long-term analysis shows 60% bearish indicators, 28 Fear & Greed Index, and negligible chances of reaching $1M by 2050. - Price remains c
A Rapid Strategic Shift That Signals Trouble for Smaller Crypto ETF Entrants
Quick Take Summary is AI generated, newsroom reviewed. CoinShares withdrew XRP, Solana and Litecoin ETF plans due to a crowded U.S. market. The firm says shrinking margins make new launches less profitable. U.S. crypto regulations add complexity and delay strategic expansion. CoinShares will focus on global markets with clearer rules and stronger demand.References 🚨COINSHARES DROPS XRP, SOL & LTC ETF PLANS CoinShares has withdrawn its planned U.S. ETFs for XRP, Solana staking, and Litecoin. The firm says
Trending news
MoreCrypto prices
More
