Coinpaper
2025-11-20 13:18:12

Solana ETF Streak Extends to 17 Days as Buyers Ignore Market Weakness

Solana’s exchange-traded funds continue to attract steady demand, marking 17 days of uninterrupted inflows as interest grows across major issuers. The streak underscores consistent accumulation during a period when Solana’s price has struggled to regain momentum. Investors have continued adding exposure despite market volatility, suggesting confidence in the asset’s long-term trajectory. Besides, the sustained inflows arrive as analysts debate whether Solana’s current pattern signals an incoming rebound or a deeper correction ahead. Bitwise Leads as Accumulation Continues Bitwise has remained the dominant contributor during the streak, attracting $424 million from November 3 to 19. The bulk of new capital entered on November 3, when Bitwise pulled $65.2 million while Grayscale added $4.9 million. VanEck, Fidelity, and Grayscale also recorded inflows, but only Bitwise and Grayscale posted gains every single day. This trend reduces circulating supply and strengthens the case for a price reaction once broader sentiment improves. Additionally, market watchers note that buyers appear to use recent weakness to accumulate positions at discounted levels. Solana is trading near $141 with a weekly decline of roughly 9%. The market cap sits near $78 billion. The dip has not discouraged ETF accumulation , which continues to support the broader narrative that many consider the weakness temporary. Hence, inflow momentum may help stabilize price action if demand remains steady. SOL Price Holds Key Levels as Analysts Anticipate Pattern Break Market structure has become a focal point for analysts. The dude believes the weekly formation resembles a cup-and-handle pattern rather than a clean head-and-shoulders. His view suggests that an upside break above the observed range could send Solana beyond $250 and possibly toward $500. He argues that a return to double-digit pricing feels unlikely in current liquidity conditions. Source: X CryptoCurb offers a similar stance, noting that the widely watched head-and-shoulders may fail if buyers continue defending the $130 to $135 support. Price has held that neckline through repeated tests, signaling resilience. Moreover, a push above $160 could shift momentum toward $185 and later $220. A breakout beyond $220 would confirm a failed bearish pattern, which often sparks strong continuation.

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.