Solana Holds $106 as RWA Jumps 6x: Why Are ETF Investors Selling?
Solana is trading at $106.24, up 3.33% in 24 hours. That is a gain of $3.42 from about $102.82.
The network is growing fast in real-world assets (RWA). But spot ETF flows are still weak.
Here is what the data shows.
What Is the Solana Price Today?
SOL trades at $106.24 with a market cap of $62.62 billion.
Metric | Value |
Price | $106.24 |
24h change | +3.33% (+$3.4238) |
Market cap | $62.62B |
Futures volume (24h) | $6.23B |
Spot volume (24h) | $581.78M |
Open interest | $6.79B |
Circulating supply | 589.32M SOL |
Total supply | 635.90M SOL |
About 92.7% of total supply is already circulating. Roughly 46.58 million SOL is still to come.
Why Is SOL Price Going Up Today?
There is no single cause. Derivatives data gives a few clues.
Open interest rose 2.69% to $6.79 billion. Futures volume, however, fell 33.35% to $6.24 billion.
Short sellers also took losses. Short liquidations hit $5.43 million in 24 hours, while long liquidations were $3.52 million.
Part of this bounce may be shorts closing out. Moves like that can fade quickly.
Are More Traders Long or Short on SOL?
Longs lead, but the overall edge is small. The 24-hour long/short ratio is 1.0149.
Exchange data leans more bullish:
Ratio | Reading |
Binance SOL/USDT (accounts) | 2.3715 |
OKX SOL (accounts) | 2.41 |
Binance top traders (accounts) | 2.686 |
Binance top traders (positions) | 2.1089 |
A reading above 2 means about two accounts are long for each one short. Crowded longs can help a rally. They can also add risk if price turns.
How Much SOL Was Liquidated in the Last 24 Hours?
Total liquidations were $8.95 million.
Period | Total | Long | Short |
1 hour | $415.56 | $319.29 | $96.27 |
4 hours | $850.05K | $66.91K | $783.14K |
12 hours | $1.42M | $531.68K | $889.08K |
24 hours | $8.95M | $3.52M | $5.43M |
In the last 4 hours, shorts were about 92% of the total. That points to a short squeeze.
Are Solana ETFs Seeing Inflows or Outflows?
Outflows. On October 15, 2026, spot Solana ETFs saw $9.82 million leave. A day earlier, it was $1.29 million.
Trading value fell from $83.90 million to $77.84 million. Net assets edged up from $1.66 billion to $1.68 billion.
Date | Daily net flow | Total traded | Net assets |
Oct 15 | -$9.82M | $77.84M | $1.68B |
Oct 14 | -$1.29M | $83.90M | $1.66B |
Oct 13 | -$1.04M | $64.26M | $1.71B |
Oct 12 | -$699.83K | $55.75M | $1.72B |
Oct 9 | -$3.76M | $54.68M | $1.73B |
Oct 8 | -$3.32M | $126.07M | $1.74B |
Oct 7 | -$4.80M | $84.65M | $1.85B |
Oct 6 | -$3.68M | $65.29M | $1.93B |
Oct 5 | -$9.25M | $65.15M | $1.93B |
Oct 2 | +$1.30M | $101.27M | $1.90B |
Oct 1 | -$5.91M | $63.50M | $1.91B |
Only one of 11 trading days saw inflows. The net result is about $42.27 million out. Cumulative net inflow still stands at $1.57 billion.
What Is Solana RWA and How Big Is It Now?
RWA means real-world assets, like bonds or credit, put on a blockchain.
Wu Blockchain shared a Castle Labs report on this. It says Solana's on-chain RWA value grew from about $700 million to $4.3 billion in one year. The chart shows $751 million on September 1, 2025.
US Treasury debt is the largest class, at around $1.5 billion. The rest is spread across private equity, asset-backed credit, stocks, specialty finance, and corporate credit.
How Does Solana RWA Compare With Ethereum?
Ethereum is still bigger. Its RWA value rose from $15.5 billion to $16.6 billion in the same year.
But Solana's share relative to Ethereum climbed from roughly 4.5% to 26%.
Which Blockchain Earns the Most App Revenue?
Solana, over the past 30 days, among the networks tracked.
Network | 30-day app revenue |
Solana | $193.1M |
Hyperliquid | $86.5M |
Ethereum | $53.8M |
What Are SOL Options Traders Doing?
They are quieter. Options volume fell 28.88% to $17.01 million. Options open interest dropped 10.98% to $104.85 million.
That can mean traders are waiting for a clearer signal.
What Is the SOL Price Prediction for This Week?
Nobody can say where SOL goes next. The data allows a few paths.
Scenario | What would need to happen | Possible outcome |
Bullish | ETF outflows slow, shorts keep getting squeezed | SOL could test the $110 area |
Neutral | Mixed flows, low futures volume | SOL may range between $100 and $110 |
Bearish | ETF outflows grow, new longs get liquidated | SOL could slip toward $100 |
These are round numbers traders often watch. They are not forecasts.
The tension is clear. Network growth is strong, but ETF money keeps leaving, and futures volume is down by a third.
Disclaimer
This article is for information only. It is not financial, investment, or trading advice. Crypto prices are very volatile, and you can lose some or all of your money. Price scenarios here are not guarantees. Always do your own research and speak with a licensed financial advisor before making any decision.
