{"id":48804,"date":"2026-04-17T11:35:01","date_gmt":"2026-04-17T11:35:01","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/17\/solana-price-at-risk-as-key-network-metrics-drops-etf-inflows-slow\/"},"modified":"2026-04-17T11:35:01","modified_gmt":"2026-04-17T11:35:01","slug":"solana-price-at-risk-as-key-network-metrics-drops-etf-inflows-slow","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/17\/solana-price-at-risk-as-key-network-metrics-drops-etf-inflows-slow\/","title":{"rendered":"Solana price at risk as key network metrics drops, ETF inflows slow"},"content":{"rendered":"
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Solana price has moved sideways in the past few months as activity in the network slowed and the crypto winter continued. <\/p>\n

SOL token has remained inside the narrow range between $75 and $93 since the first week of February this year. <\/p>\n

It is stuck in a deep bear market after falling from last year’s high of $300.<\/p>\n

Solana ETF experience modest inflows\u00a0<\/h2>\n

American investors are continuing their Solana ETF accumulation this month. <\/p>\n

Data compiled by SoSoValue shows that these funds are in their seventh consecutive month in the green, with the cumulative total inflows rising to nearly $1 billion.\u00a0<\/p>\n

Solana ETFs have added $17.9 million in assets this month, its lowest level since their inception. <\/p>\n

They may, however, cross last month\u2019s $45 million if the inflows trajectory continues.<\/p>\n

Bitwise, a top crypto asset manager, is the biggest Solana ETF with over $634 million in assets under management (AUM).<\/p>\n

It is followed by other funds by companies like Grayscale, Fidelity, and VanEck.<\/p>\n

In addition to the weaker ETF inflows<\/a> trajectory, data show that Solana’s futures open interest has remained under pressure in the past few months. <\/p>\n

It stood at $5.46 billion, down sharply from last year’s high of $16 billion.<\/p>\n

Futures open interest is a metric that looks at the outstanding call and put options. <\/p>\n

A higher number is usually highly bullish as it shows that there is robust liquidity in the market.<\/p>\n

Solana, like other cryptocurrencies, has experienced weak activity in the perpetual futures market after the large crash that triggered $20 billion in liquidations on October 10 last year.<\/p>\n

Solana ecosystem growth has stalled<\/h2>\n

More data shows that Solana’s ecosystem growth has come under pressure in the past few months. <\/p>\n

For example, while the amount of stablecoins<\/a> in the network has jumped to $16 billion and the number of addresses moved to 5.3 million, the volume and number of transactions have dropped slightly.\u00a0<\/p>\n

Solana processed stablecoins worth over $556 billion in the last 30 days as the number of stablecoin transactions fell to 279 million.<\/p>\n

More data compiled by Nansen shows that Solana\u2019s total transaction and fees collected have pulled back in the last 30 days. <\/p>\n

Solana handled over 2.3 billion transactions, down by 10%, while the number of active addresses fell by 12% to 94 million. The network fees dropped by 22% to $15.9 million.<\/p>\n

This performance is mostly because of the ongoing crypto winter and the strong growth of Hyperliquid, which has taken some market share from Solana’s dApps. <\/p>\n

Hyperliquid is now handling more transactions than all Solana platforms combined.<\/p>\n

Solana price prediction: Technical analysis<\/h2>\n
<\/figure>\n

SOL price chart | Source: TradingView<\/em> <\/p>\n

The daily timeframe chart shows that the SOL price has remained in a narrow range in the past two months. It has been confined between the support and resistance levels at $75 and $93. <\/p>\n

This consolidation has led to a big drop in the Average True Range (ATR) and the narrowing of the spread between the three lines of the Bollinger Bands.<\/p>\n

Meanwhile, the Relative Strength Index (RSI) and the Percentage Price Oscillator (PPO) have continued rising, a sign of a bullish divergence pattern.<\/p>\n

Therefore, it is a tough call to make right now as this channel may be part of a bearish flag pattern, which often leads to a strong bearish breakdown. <\/p>\n

On the other hand, the ETF inflows mean that an accumulation is continuing, which may lead to a strong rebound.<\/p>\n

As such, the next price action will depend on whether the coin rises above the upper side or drops below the lower side. <\/p>\n

A bearish breakout may see it drop to $50, while a rebound may take it to $100 and above.<\/p>\n

The post Solana price at risk as key network metrics drops, ETF inflows slow<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana price has moved sideways in the past few months as activity in the network slowed and the crypto winter continued. SOL token has remained inside the narrow range between $75 and $93 since the first week of February this year. It is stuck in a deep bear market after falling from last year’s high <\/p>\n","protected":false},"author":1,"featured_media":48805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-48804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48804"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48805"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}