Solana's Record Week Ends in $11.1 Million Outflow
The Solana price prediction for October is uncertain after a record week of $188 million in US spot ETF inflows turned to a net outflow of $11.1 million on September 30. The price stands at $117.66, with a daily high of $122.60, but still shows a 4.1 percent gain over seven days and a 15.3 percent gain over 30 days.
The outflow is a significant drop from the previous week's $188 million, and the $11.1 million loss is tiny compared to the overall inflows of $1.6 billion since trading began. The switch to Alpenglow in October, which is expected to reduce finality from 12.8 seconds to 150 milliseconds, may also be a factor in the price drop.
The Solana network is currently in epoch 1046, with 97.2 percent of the slots worked through. The stake ratio is 74.9 percent, with a gross yield of 4.8 percent per year, and the network's emission rate is 3.62 percent per year.