Solana News Update: Solana ETFs See $56M in Trading Volume, But Token Falls 3.65% Amid "Buy-the-Rumor" Shift
- Solana's first U.S. altcoin ETFs (BSOL, GSOL) launched in October 2025, drawing $56M in volume but triggering a 3.65% SOL price drop amid "buy-the-rumor, sell-the-news" dynamics. - Institutional crypto inflows hit $921M weekly, with Solana's 7% staking yield and 81% staked SOL attracting yield-focused investors over Ethereum's 3%. - Western Union announced a USDPT stablecoin on Solana in 2026, leveraging its low-cost infrastructure, though unconfirmed reports suggest $25M-$50M in upfront payments for exc
The introduction of the first U.S. altcoin ETFs for
Despite this, the overall cryptocurrency sector demonstrated strength. Institutional players invested $921 million into crypto assets over a single week, with
Solana’s long-term prospects received a boost when Western Union revealed plans for a U.S. dollar-pegged stablecoin (USDPT) on Solana’s blockchain, scheduled for early 2026, as outlined in a
Solana’s appeal was further enhanced by a recent MetaMask update, which now allows users to manage
Looking forward, analysts are monitoring important technical thresholds for SOL. A move above $280 could set the stage for a rally toward $412, especially if ETF-driven liquidity and staking demand persist. However, recent declines—including an 8% drop in early November 2025—underscore the market’s sensitivity to blockchain activity and broader economic trends, according to
As the digital asset landscape shifts, Solana’s challenge will be to maintain momentum among both institutional and retail participants. With Western Union’s stablecoin launch approaching and continued ETF activity, the network’s ecosystem seems set for ongoing expansion—though the prospect of Bitcoin reaching $6.5 million remains speculative and distant.
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.
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