SOL Up 3% But $34M Solana Outflows Raise Alarms Ahead Of ETF Decision
Posted On September 29, 2025
Solana (CRYPTO: SOL) is up 3% over the past 24 hours to $205 on Monday morning, despite exchanges seeing about $34.7 million in net outflows, according to Coinglass.
Will SEC’s October 10 Call Make Or Break Solana?
The Securities and Exchange Commission faces a final Oct. 10 deadline to decide on multiple Solana spot ETF applications from issuers including VanEck, Grayscale, and Fidelity, according to SolanaFloor on X.
Several trackers continue to cite high approval probabilities around 95%, though the SEC has not commented.
Early in the session, traders rotated to the sidelines as outflows accelerated, keeping SOL below short-term resistance.
$34M Outflows: Are Investors Ditching Solana Before The Decision?
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