Open interest for Solana perpetual futures, which are futures contracts lacking expiry dates, stands at over $447 million at the time of writing.
Solana News
Solana exchange-traded funds recorded a seven-day inflow streak despite downward price performance and broader crypto market downturn. Tuesday marked the highest day of inflows during the streak, with approximately $16.6 million in capital flowing into Solana ETFs according to data from investment management company Farside Investors.
This brings total net inflow into Solana ETFs to $674 million at the time of writing. The flows signal interest from institutional and traditional finance investors even as price and on-chain metrics like total value locked decline during the ongoing market drawdown.
Solana ETFs debuted in the U.S. in July with the launch of REX-Osprey's staked Solana ETF, followed by investment company Bitwise's BSOL Solana ETF in October. Bloomberg ETF analyst James Seyffart called the Bitwise product one of the hottest ETF launches of 2025.
Solana's market capitalization has fallen over 2% in the last seven days, according to crypto market analytics platform Nansen. Open interest for Solana perpetual futures, which are futures contracts lacking expiry dates, stands at over $447 million at the time of writing.
Solana price has fallen nearly 55% since its all-time high of approximately $295 reached in January, fueled by the launch of the Trump meme coin on the Solana network. The token has traded well below its 365-day moving average, a critical support level, since November and is down approximately 47% since the local high of about $253 recorded in September.
Solana faces resistance between $140-$145 and has failed to close past those levels in December despite the launch of Solana ETFs in the U.S. and growing interest in internet capital markets from crypto industry executives and U.S. regulators. Securities and Exchange Commission Chair Paul Atkins said Thursday that U.S. financial markets are poised to move on-chain.
The continued inflows suggest institutions are building exposure through regulated products rather than timing short-term swings. ETF demand for Solana has held steady despite falling prices, indicating that funds and advisors are allocating through regulated channels even as retail traders reduce exposure.
The products allow investors to hold Solana exposure without interacting with exchanges, custody setups, or self-managed wallets. The timing aligns with renewed attention on blockchain-integrated financial markets as major institutions expect on-chain rails to play larger roles across capital markets.
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