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Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price


by Coin Edition
for CoinEdition
Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price

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  • US spot Solana ETFs have registered over $350 million in net inflows across eleven straight days
  • Scheduled token unlocks tied to the Alameda Research/FTX bankruptcy estate are injecting approximately 193,000 SOL (around $30 million) into exchanges 
  • DEX daily trading volumes on Solana recently exceeded $5 billion, surpassing Ethereum and BNB Chain

Solana (SOL) is caught in a technical tug-of-war, with its price pinned near $155 as two powerful and opposing market forces collide. On the one hand, institutional demand looks strong, as US spot Solana ETFs have registered over $350 million in net inflows across 11 straight days, with a single-day inflow of nearly $8 million on November 11.

On the other hand, scheduled token unlocks tied to the Alameda Research/FTX bankruptcy estate are injecting approximately 193,000 SOL (around $30 million) into exchanges as of two day…

Read The Full Article Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.18K

-6.91%

$ 916.19

-4.16%

$ 0.00056

-3.18%

$ 142.62

-7.27%

Share:

In This News

Coins

$ 3.18K

-6.91%

$ 916.19

-4.16%

$ 0.00056

-3.18%

$ 142.62

-7.27%

Share:

Read More

Solana Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

Solana Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

The token fell through key support despite elevated trading volume and continued inst...
Solana Price Prediction. Buyers Defend $150 As Network Activity Surges And Outflows Ease

Solana Price Prediction. Buyers Defend $150 As Network Activity Surges And Outflows Ease

Solana price today trades near $159.7, up 3.4% in the past 24 hours, as buyers defend...

Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price


by Coin Edition
for CoinEdition
Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price

Share:

  • US spot Solana ETFs have registered over $350 million in net inflows across eleven straight days
  • Scheduled token unlocks tied to the Alameda Research/FTX bankruptcy estate are injecting approximately 193,000 SOL (around $30 million) into exchanges 
  • DEX daily trading volumes on Solana recently exceeded $5 billion, surpassing Ethereum and BNB Chain

Solana (SOL) is caught in a technical tug-of-war, with its price pinned near $155 as two powerful and opposing market forces collide. On the one hand, institutional demand looks strong, as US spot Solana ETFs have registered over $350 million in net inflows across 11 straight days, with a single-day inflow of nearly $8 million on November 11.

On the other hand, scheduled token unlocks tied to the Alameda Research/FTX bankruptcy estate are injecting approximately 193,000 SOL (around $30 million) into exchanges as of two day…

Read The Full Article Solana ETFs See $350M Inflow, but $1B in Alameda Unlocks Caps Price On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.18K

-6.91%

$ 916.19

-4.16%

$ 0.00056

-3.18%

$ 142.62

-7.27%

Share:

In This News

Coins

$ 3.18K

-6.91%

$ 916.19

-4.16%

$ 0.00056

-3.18%

$ 142.62

-7.27%

Share:

Read More

Solana Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

Solana Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum

The token fell through key support despite elevated trading volume and continued inst...
Solana Price Prediction. Buyers Defend $150 As Network Activity Surges And Outflows Ease

Solana Price Prediction. Buyers Defend $150 As Network Activity Surges And Outflows Ease

Solana price today trades near $159.7, up 3.4% in the past 24 hours, as buyers defend...