Solana Spot ETFs See $2.82M Inflows as SOL Trades at $79 Amid Broader Market Stress
Solana (SOL) is drawing selective investor curiosity even as the broader crypto market stays beneath stress. While sharp worth declines throughout main tokens have weighed on sentiment, current fund movement knowledge and on-chain exercise counsel that capital is just not exiting the ecosystem completely.
Instead, market individuals look like separating near-term worth weak spot from longer-term community utilization, making a blended however notable image for SOL as it trades round $79.
Solana ETF Inflows Stand Out Against Broader Outflows
On February 5, U.S. spot crypto ETFs recorded uneven capital actions. Bitcoin spot ETFs noticed web outflows of about $434 million, whereas Ethereum funds posted roughly $80.8 million in outflows. In distinction, Solana spot ETFs recorded web inflows of $2.82 million, in accordance with knowledge compiled by SoSoValue.
Although modest in absolute phrases, the inflows stood out in opposition to the broader development of threat discount. The knowledge means that some institutional {and professional} buyers are sustaining or including restricted publicity to Solana-linked merchandise regardless of ongoing volatility in digital asset markets.
Network exercise provided an analogous distinction. Solana processed greater than $31 billion in decentralized change (DEX) spot quantity over the previous week, indicating sustained consumer engagement even as costs declined. This divergence between worth motion and exercise has been a recurring theme throughout current market stress.
Price Pressure and Bearish Market Structure
Despite ETF inflows, SOL price motion stays weak. The token has fallen greater than 30% over the previous week, briefly buying and selling within the $67–$68 vary earlier than rebounding to $80. Technical indicators proceed to mirror bearish momentum.
Futures knowledge reveals declining participation, with Solana’s open curiosity falling to round $5 billion, its lowest stage since mid-April 2025. Funding charges have additionally turned unfavorable, whereas the long-to-short ratio stays beneath one, signaling that extra merchants are positioned for additional draw back.
On the charts, SOL stays in a transparent downtrend. The break beneath key psychological ranges close to $100 and $85 accelerated promoting stress. Analysts now level to $82 and $76 as near-term assist ranges, with $60 nonetheless cited as a draw back threat if promoting intensifies.
Institutional Interest Persists Despite Volatility
Away from worth charts, institutional developments proceed to assist Solana’s longer-term narrative.
Recent bulletins embrace company treasury initiatives utilizing the Solana blockchain and partnerships in Asia targeted on tokenizing conventional securities. These strikes spotlight ongoing experimentation with Solana’s infrastructure regardless of unfavorable market situations.
Currently, SOL sits at the intersection of weak short-term momentum and pockets of institutional and community energy. The $2.82 million ETF influx doesn’t reverse the broader downtrend, but it surely underscores that curiosity in Solana has not disappeared, even as markets stay beneath stress.
Cover picture from ChatGPT, SOLUSD chart on Tradingview
