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November 3, 2025NewsBTC logoNewsBTC

Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline?

Solana (SOL) has slipped below the critical $180 mark even as institutional inflows into newly launched Solana exchange-traded funds (ETFs) reached nearly $199 million in just one ￰0￱ Reading: XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst The Solana price is hovering around $175, marking a 6.4% daily decline and extending a week-long correction that has erased almost 12% of its ￰1￱ ETFs managed by Bitwise, Grayscale, and 21Shares pushing total assets past $500 million, the influx of institutional capital has yet to stabilize ￰2￱ attribute the weakness to a broader risk-off sentiment across global ￰3￱ President Trump recently announced a lower tariff imposition, crypto investors remain skeptical, fearing another policy reversal that could trigger a sharp market downturn.

SOL's price trends to the downside on the daily chart.

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