Solana Price Drops as ETF Inflows Reach Three-Month High

Solana's price dropped by 1.16% to $74.88 on Tuesday, despite its seven-day positive run.

However, Solana ETFs recorded a significant influx of $8.8 million in funds, marking the highest inflow in three months.

This renewed institutional interest in Solana comes at a time when market conditions remain uncertain.

MoneyGram has also expanded its Ramps service to Solana, allowing for cash-to-crypto conversions across 170+ countries.

Crypto analyst Bluntz notes that SOL is showing 'strong price action' and points to a weekly bull divergence that may indicate the bottom of the market.