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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.
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Bears Take Control of Solana (SOL): Is $125 the Bulls’ Last Line of Defence?
Solana Mobile Launches SKR Token, Kicks Off Next Growth Phase
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.
In This News
Coins
Funds
Share:
In This News
Coins
Funds
Share:
Read More
Bears Take Control of Solana (SOL): Is $125 the Bulls’ Last Line of Defence?