Solana (SOL) Price Decline Amidst Institutional Inflows and Attention on ETF Approval Possibility

Solana (SOL) is trading in the mid-$80s, showing a slight decline over the past 24 hours. Despite this, mid-May saw the largest weekly net inflow into Solana spot ETFs since February, signaling renewed institutional buying. However, Goldman Sachs reportedly liquidated its Solana ETF positions (likely in Q1 2024, despite a typo indicating Q1 2026), which could weaken support, while SOL remains sensitive to Bitcoin's price movements.

Get the next 8/10 catalyst

Telegram alerts when our AI scores a story 8+/10 (~1-3 per day, no spam). Verified 30d hit rate 49.3%.

Join Telegram channel or scan with phone →