Solana News Update: Solana ETFs Draw $421 Million Despite Price Drop, Bucking Overall Market Decline
- 21Shares launched a Solana ETF (TSOL) in the U.S., joining Fidelity and Bitwise in driving $421M in inflows despite SOL's 30% price drop. - Institutional interest grows as ETFs highlight Solana's real-world use cases in DeFi and gaming, though technical indicators show bearish momentum. - Regulatory clarity and staking innovations may sustain long-term adoption, but SOL faces critical resistance at $140 amid macroeconomic uncertainties.
Solana's ecosystem is at a crucial juncture as fresh capital from new exchange-traded funds (ETFs) flows into the blockchain, even as its price remains subdued. 21Shares, a prominent issuer of crypto ETPs, introduced its
The ETF debut came alongside a spike in Solana-centric investment vehicles.
Despite these technical challenges, there are still bullish factors. 21Shares’ collaboration with FalconX,
Analysts remain watchful. SOL’s next direction depends on whether it can reclaim the $140 resistance to confirm a bullish reversal, or if it will fall back to $120, where historical liquidity may offer support
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
Bitcoin News Update: Innovative Tokenomics and Interoperable Cross-Chain Features: The Key to Altcoin Success in 2025
- 2025 altcoin market highlights Bitcoin Munari (BTCM), XRP Tundra, and Mutuum Finance (MUTM) leveraging multi-chain infrastructure and structured presales. - BTCM's fixed-supply model ($0.35 presale) and Solana-based SPL token deployment aim for 2027 Layer-1 migration with EVM compatibility and privacy features. - XRP Tundra offers cross-chain yield via dual-token system (TUNDRA-S/X) with $0.214 Phase 12 pricing and audited Cryo Vaults for Bitcoin holders. - Mutuum Finance (MUTM) nears 99% Phase 6 allocat

Bitcoin Updates: Institutional Funds Move: AI ETFs Gain Momentum Amid Growing Crypto Debt Issues
- Bitcoin and Solana face renewed selling pressure as digital asset treasury companies (DATCos) offload holdings amid $42.7B corporate debt inflows into crypto. - DATCos, underwater on $126K Bitcoin peak investments, approach parity in market-to-net-asset-value ratios, triggering 40% Solana treasury value declines since October. - Institutional capital shifts toward AI ETFs (e.g., Global X AI ETF) as firms prioritize AI infrastructure investments over crypto, linking performance to tech stock volatility. -

Fed Policy Split Drives Derivatives Activity as Crypto Teeters on Brink of Easing
- Fed policy uncertainty drives derivatives bets, with CME FedWatch pricing 69.7% chance of 25-bp December rate cut amid mixed inflation and labor data. - Crypto markets anticipate easing cycle, but remain fragile as Crypto Fear & Greed Index hits "extreme fear" level 14 despite Coinbase's bearish odds assessment. - Crude oil drops on U.S. Ukraine peace plan and OPEC output hike, while dollar strength compounds risks for rate-cut-sensitive commodities. - CME Group faces scrutiny after $2M insider sale, yet

Modern Monetary Theory and the Valuation of Cryptocurrencies: Do MMT Principles Support Rapid Increases in Token Prices?
- 2025 analysis explores whether Modern Monetary Theory (MMT) can justify Momentum (MMT) token's 1,300% price surge. - Token's rise stems from Binance airdrops, U.S./EU regulatory clarity, and institutional investment, not MMT principles. - Academic research highlights crypto valuation duality: network effects coexist with speculative behavior driven by heterogeneous expectations. - MMT influences macroeconomic frameworks (CBDCs, fiscal policy) but fails to predict token-specific surges dominated by retail