Solana ETFs Hit a Weekly High as Altcoin Deposits Surge

Core Insights - Solana ETFs are experiencing a rebound in inflows, with $6.7 million added recently, raising total assets under management to $689.8 million [1] - Despite the positive ETF flows, Solana's price has decreased by 3.6% in the past day and is currently trading at $122.74, reflecting a 5.6% decline compared to the previous month [3] ETF Performance - The Solana ETF category includes several funds such as Bitwise Solana Staking ETF (BSOL), VanEck Solana ETF (VSOL), and others, which began trading in the U.S. in late 2025 [2] - Solana ETF investors have shown less sensitivity to geopolitical and macroeconomic factors compared to Bitcoin and Ethereum ETF investors, with Solana funds attracting $17 million in inflows while BTC and ETH funds faced $1.6 billion in outflows last week [4] Market Sentiment - Despite the resilience in ETF flows, market sentiment has shifted, with users now believing that silver has a 55% chance of reaching $150 before Solana does, a change from earlier optimism regarding Solana [5][6] - The silver spot price has increased by 2.6% in the past day, contributing to the altered sentiment towards Solana [6] Altcoin Activity - Other altcoins are also showing resilience, with significant inflows into assets like Chainlink (LINK) and Shiba Inu (SHIB), indicating strong underlying network and exchange participation despite volatile price movements [7]