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king0000

11/29 07:27

Solana price stabilizes after weeks of selling pre

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Solana price stabilizes after weeks of selling pressure

Solana’s price trend appears to be stabilizing following a sharp decline earlier in the month. After falling from the $190–$200 zone to lows near $125, SOL has recovered back above $140, where it is currently trading


The rebound came even as the ETF posted its first outflow, suggesting that spot market buyers are stepping in after the nearly 30% drawdown that occurred earlier in November. 

The price recovery may also indicate that the ETF outflow did not exert meaningful selling pressure on the underlying asset.

Does the outflow signal a shift?

Market analysts caution against overinterpreting a single negative day. ETF flows often fluctuate as institutions rebalance portfolios near month-end or rotate between high-volatility sectors.

With 21 straight days of inflow still intact, Solana’s ETF remains structurally net-positive.

If inflows resume in the coming days, the 26 November outflow may be, but a minor blip in an otherwise strong launch phase.


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