Solana inflows hit 6-month low as price fails to break $200
The post Solana inflows hit 6-month low as price fails to break $200 appeared on BitcoinEthereumNews.com.
Solana spot inflows have hit a six-month low of $180 million following its recent decline to $185, despite having seen two SOL ETFs debut on the U.S market this week. Summary Solana’s spot inflows have dropped to a six-month low as investor interest in newly launched SOL ETFs fades, leading to weakened liquidity and rising exchange outflows. After failing to hold above the $200 mark, Solana’s price has slipped to around $186, with technical indicators and moving averages signaling a short-term bearish trend and potential retest of lower support levels. According to data from Coinglass, Solana inflows have plunged to a six-month low, tethering on the edge of $180.7 million. The number is a far cry compared to inflows from a day prior, which saw the asset hitting $885.02 million in inflows. Low inflows typically signal waning demand in the market as the hype surrounding new Solana ETFs have faded. At the same time, exchange data shows an increase in net outflows after weeks of relative calm. This means that more tokens are moving into exchanges rather than being pulled out into cold storage or being held by users on-chain. On Oct. 31, major exchanges like Binance, OKX, Coinbase and Bybit are seeing more outflows for SOL (SOL). Binance alone has seen about $52.89 million in net outflows from SOL, while OKX recorded $26.98 million outflows. Within the past day, the only exchanges which have seen inflows coming in for SOL are Bitstamp with $1.19 million and Kraken with $501,160. The decline in inflows coincides with the token’s drop to around $185 shortly after failing to maintain its hold above the $200 psychological threshold. In addition, the Chaikin Money Flow indicator for Solana has dipped significantly, signaling that liquidity is weakening and that large-scale accumulation is not currently in play.…
Filed under: News - @ October 31, 2025 11:28 am