After a weekly surge, it’s pulled back again: today’s high was around 119.6, the current price is about 117.7, and the low was around 117.0.
U.S. spot Solana ETFs saw about $188 million in inflows last week, a record, but then posted a net outflow of about $11 million on 9/30; the hype has cooled, and the price has also been pushed back from near the weekly high to the earlier waiting zone. The funding rate is around -0.006%, so it’s not crowded. I’m not chasing it now.
I’ll wait for 116–117 to hold before taking a light position, with an initial target of 120–121, then 124; if it breaks below 115.5, I’ll exit. Just my personal view—manage your own position.
$SOL
U.S. spot Solana ETFs saw about $188 million in inflows last week, a record, but then posted a net outflow of about $11 million on 9/30; the hype has cooled, and the price has also been pushed back from near the weekly high to the earlier waiting zone. The funding rate is around -0.006%, so it’s not crowded. I’m not chasing it now.
I’ll wait for 116–117 to hold before taking a light position, with an initial target of 120–121, then 124; if it breaks below 115.5, I’ll exit. Just my personal view—manage your own position.
$SOL