Spot Solana exchange-traded funds recorded their thirteenth consecutive day of inflows on Thursday, attracting $1.49 million and bringing cumulative net flows to $370 million since late October. The token traded near $141 following an 11% weekly decline. Technical analysts are monitoring critical support at $126 and a longer-term demand zone around 0.00143 BTC against Bitcoin.

VanEck submitted an 8-A form to the U.S. Securities and Exchange Commission this week, advancing preparations for its Solana spot ETF launch. Solana traded at $138.50 following an 11% daily decline. Existing Solana ETFs recorded net inflows for 13 consecutive sessions totaling approximately $369 million.

Wallets connected to bankrupt Alameda Research and the FTX estate released approximately 193,000 SOL tokens valued at around $30 million on November 11, 2025, according to analyst MartyParty. The unlock continues a structured vesting schedule that has been distributing tokens to the estate since early 2024. Despite the release, Solana traded near $157.90 with an $87.5 billion market capitalization, showing relative stability.

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.