U.S. spot Solana exchange-traded funds recorded $6.78 million in net inflows on October 28, marking their tenth straight trading session with positive flows, according to SoSoValue data. Total inflows since launch reached $342.48 million. Bitwise BSOL led with $5.92 million, while SOL traded at $164.

Mert Mumtaz, CEO of Helius, predicted that Solana will eventually exceed XRP in market capitalization, expressing confidence in the network's fundamentals despite recent price declines. Solana currently trades at approximately $151.83 with a market cap near $84 billion. The token has declined 19.10% over the past week.

Exchange-traded funds tracking Solana attracted over $323 million in cumulative inflows across eight days, with $29 million recorded in a single session, data show. SOL declined nearly 17% to $154.52 during the period. Analysts view the sub-$160 range as a strategic accumulation zone supported by institutional demand.

Grayscale Investments has waived management fees on its Grayscale Solana Trust (GSOL) for up to three months or until assets reach $1 billion, according to the firm. The trust now stakes 100% of its holdings through a diversified validator network, delivering a 7.23% staking reward rate. The move comes as Solana's unique active users climbed 36% to 2.7 million, data show.

Solana exchange-traded funds drew $44.4 million over four days, pushing total assets beyond $500 million. Bitcoin ETFs saw $191 million in outflows during the same period, while Ethereum funds declined by $98 million. The divergence signals shifting institutional capital allocation within digital assets.

VanEck Digital Assets submitted an amended S-1 registration to the SEC on October 31, 2025, for an exchange-traded fund tracking JitoSOL, Solana's liquid staking token. Solana trades near $186 with over $4.2 billion in 24-hour volume. Technical analysts project potential moves toward $240 or $300 if key support levels hold.

Bybit has partnered with Anchorage Digital to provide institutional custody for bbSOL, its liquid staking token for Solana. The collaboration offers regulated entities bank-level security under federal oversight. Solana currently trades at $194.73 with a market cap above $107 billion.

Fidelity Digital Assets introduced Solana trading and custody services across retail, institutional, and wealth management platforms on Thursday. SOL gained 5.15% following the announcement, trading near $191 with over $7 billion in 24-hour volume. Analysts identified key support at $170–$175 and resistance between $195–$200.

Solana-based exchange aggregator Jupiter plans to complete its prediction market platform rollout by the fourth quarter of 2025. The company is testing the product in beta with Kalshi, starting with the Mexico Grand Prix. The platform aims to expand on-chain asset variety and attract additional participants to Jupiter's DeFi ecosystem.