Solana (SOL) logged the strongest four-week inflow into a US spot ETF, setting a firmer foothold for a rebound. Bitcoin traded around $97,000 as investor sentiment improved, while Solana advanced about 8% over the past week to roughly $145. If the uptrend continues, the token could rise toward $150.
However, the Solana spot ETF remains a small fraction of market activity, with total assets under management around 1.5% of Solana’s market cap and daily volume making up less than 1% of total SOL spot turnover. CEX.IO’s Ilya Otchenko cautioned that current demand may not sustain a momentum strong enough to signal a clear trend change.
The broader altcoin mood is subdued, with gains concentrated in privacy coins and meme tokens. Myriad’s odds of an ‘altseason’ beginning in Q1 2026 stood at about 17%, underscoring muted recovery expectations. Monero surged about 54% in a week, and Dash jumped roughly 39% in a day, illustrating narrative-driven coins outperforming the market.
Yet within the Solana ecosystem, fundamentals remain supportive, analysts say. FrictionlessVC notes that 9 of 22 fast-growing firms with at least $100 million in revenue are Solana-based, and Pump.fun, a Solana-based meme-coins platform, saw active addresses double last week and daily token issuance near 31,000. Yet some analysts warn that overall decentralized exchange volumes and app revenues have declined, highlighting ongoing network pressure. Regulatory chatter around CLARITY could tilt benefits toward Solana if enacted, potentially fueling upside if the current lag proves temporary.
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