Solana Price Tumbles After Record Week of Inflows
The Solana price has lost $11.1 million from US ETFs after a record week of inflows, ending on September 30.
This marks the first red day after a run that carried the price through September, with the current price standing at $117.66.
The outflow was led by the Bitwise Solana Staking ETF, which saw an outflow of $8.94 million, while the Fidelity Solana Fund ETF took in $2.77 million.
The switch to Alpenglow consensus in October is also a factor in the price movement, as it will bring finality from 12.8 seconds to 150 milliseconds.