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Solana analysis: SOL price unlikely to break $150 for now
SOL’s recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch. As Cointelegraph reported, spot Solana exchange-traded funds (ETFs) ended their streak of net inflows, recording their first single-day net outflow of $8.2 million on Wednesday. This reflected a possible decline in institutional demand amid waning network activity. Data from Nansen shows weakening network metrics, including a 6% decrease in active addresses and a 16% decline in network fees over the last seven days. Similarly, Solana’s total value locked (TVL) is down 20% month-to-date and fell 32% from its ... (full story)
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