Solana price prediction: $30.3 million out of the SOL ETFs in five trading days: what to watch now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: in the five trading days to October 22, the US funds on Solana gave up a net $30.3 million, more than in the week that had counted as a record. The price stands at $101.83 on Saturday morning, 1.5 percent above the monthly low.What is documented: the seven US spot funds on Solana gave up a net $30.3 million over the five trading days to October 22, and on October 22 not one of them recorded an inflow. Our assessment follows further down: the sum itself is small for a market capitalised at close to $60 billion, and it is the absence of any offsetting entry that stands out. Solana trades at $101.83 on Saturday morning, measured on the last trade on the Coinbase exchange; Kraken shows $101.80 at the same moment. That is 2.6 percent below the level of 24 hours ago, when trading opened at $104.50. Where the price can point over a horizon of months is set out in our Solana price prediction. $30.3 million in five trading days: the numbers on the SOL ETFs For the trading day o...