Solana

According to the latest CoinShares data, crypto investment products posted $288 million in weekly outflows, marking a fifth consecutive week of redemptions and bringing total withdrawals to $4 billion. Bitcoin led the decline with $215 million in outflows, while Ethereum and Tron also saw institutional selling. In contrast, XRP and Solana attracted modest inflows of $3.5 million and $3.3 million respectively, with Chainlink adding $1.2 million, even as overall market sentiment remained bearish.

Solana's SOL has dropped nearly 40% over the past month, briefly hitting about $77 before rebounding above $80. Analysts including Ali Martinez and Sjuul warn that resistance near $110 and a January 2022 sell signal raise downside risks, with key support at $76 and potential paths toward $53, $35, $23 or even around $4.

The crypto market slid over the past 24 hours, with total value near $2,26 trillion, down about 2,9%. Bitcoin traded around $65 761 (-3,26% 24h; -4,18% weekly) on $34,7 billion volume, while Ethereum hovered near $1 883 (-4,67% 24h). Indicators show Fear & Greed at 14 and the Altcoin Season Index at 31/100.

Solana's price extended losses after failing to hold above $92, slipping under $80 and below the 100-hour simple moving average. Resistance sits near $80–$82, with a pivotal barrier at $83.10, while supports appear at $77 and $75. A break under $75 could target $70, and a close below $70 may open $62.

Ali Martinez said the monthly SuperTrend for SOL flipped to a sell signal, noting the last instance in 2022 preceded a 95% drawdown. Glassnode showed about 20% of addresses in profit in February as SOL slipped below $100, while the Hodler net position change turned positive in January but slowed over the past three weeks. AMBCrypto added that Solana's RWA value recently reached $1.66 billion.

In the final week of February, Bitcoin ETFs recorded $315.9 million in outflows, with $303.5 million leaving BlackRock's IBIT, while Grayscale's BTC Mini ETF drew $36 million in fresh capital. Over the same period, Ethereum ETFs swung from a $48.6 million inflow to a $130.1 million outflow, but Solana products attracted consistent inflows, peaking at $6 million on 19 February. A new Active Crypto ETF plan from T. Rowe Price, announced on 17 February, highlighted growing institutional interest in a broader basket of digital assets.

US spot Bitcoin ETFs have seen about $3.8 billion in outflows over the last five weeks, with net redemptions continuing through Feb. 20. Ether products recorded nearly $123 million in withdrawals across five consecutive weeks, while Solana funds drew roughly $14 million in inflows and XRP saw smaller additions. The pattern points to investor rotation from BTC and ETH toward select altcoins.

According to Santiment on February 19, daily new addresses on Solana have been increasing even as market sentiment weakens. SOL trades around $84 after a multi‑month retreat that left it 67% under its September 2025 high, with derivatives funding deeply negative and exchange outflows topping inflows in recent weeks.

According to Finbold, Solana and Tron are viewed as two cryptocurrencies that could each approach a $100 billion market capitalization by the close of 2026. Solana currently trades near $86 with a market cap of about $49 billion, while Tron changes hands around $0.28 with a valuation close to $27 billion. Analysts cite factors such as protocol upgrades, institutional involvement, and increased on-chain usage as possible drivers of further gains.

Bitwise CIO Matt Hougan named Bitcoin, Ethereum, Solana, and Chainlink as the four assets to own for this cycle, stating on the When Shift Happens podcast that Bitcoin remains the clear store-of-value winner. He assigned a 10-25% probability to U.S. sovereign Bitcoin purchases that he said could propel BTC toward $500K, while noting the market trades over 40% below its October 2025 peak.