The US Spot Solana ETF has continued to attract steady attention from investors, marking ten straight days of inflows as of November 10, 2025. Data from Farside Investors shows the total inflow has reached about $343 million, making it one of the strongest runs for a single crypto ETF this month. The demand shows that investors still see potential in SOL price, even as its market outlook slows down.
Institutional Interest Holds Firm on Solana ETF
The Solana ETF, traded under BSOL and GSOL tickers, recorded its biggest single-day inflow on November 3, when investors added $70.1 million. BSOL holds most of the assets with about $329.7 million, while GSOL manages around $12.9 million. Both funds allow staking, and this option continues to draw institutional investors who prefer steady yield alongside price exposure. Farside data suggests that the Solana spot ETF has been one of the few to maintain consistent inflows despite the wider crypto market pullback.
This growing institutional attention follows an increase in Solana’s network usage and developer activity. For context, on-chain data shows Solana generated $683,067 in network fees in one day. The asset surpassed Tron’s $680,639 and Ethereum’s $605,221 during the same period. This puts Solana ahead of older networks in terms of active use and transaction demand. Still, the steady ETF inflows have not yet translated into a clear price rally. Solana’s current price sits around $164, reflecting mild selling pressure across the broader crypto market.
Solana November Trends Show Mixed History
Solana’s price performance in November has often been unpredictable per historical trends. Between 2020 and 2025, the month has seen both sharp rallies and deep losses. In 2020, Solana gained 27.5%, followed by a modest 3.11% rise in 2021. However, the two years that followed, 2022 and 2023, brought steep declines of 56.6% each. Meanwhile, in 2024, it bounced back with a 41.3% surge before dropping again by about 13.4% this November. These figures show that November often acts as a turning point for Solana. When the market is strong, the coin tends to post double-digit gains. However, in weak market phases, the same month has produced some of its worst declines. In addition, the pattern highlights how investor sentiment and liquidity conditions often shift around this time of year.
So far in November 2025, SOL price opened near $171, touched $202, and later dropped toward $148. It has fallen 17.8% in two weeks but still shows slight weekly growth, up 1.36%. This small rise suggests investors are buying the dip rather than exiting completely. However, Solana still trades below key resistance levels. Technical data from CoinGlass puts the 50-day moving average near $188, with the 100-day and 200-day averages slightly higher. Until the SOL price climbs above these marks, traders are likely to remain cautious.
Possible SOL Price Recovery Ahead
A short-term recovery remains possible if buying pressure builds around the current support zone. Market watchers tracking Solana’s chart believe a falling wedge pattern is forming, which often signals a potential reversal. If that pattern holds, the next key target could be around $200, with a stronger rally possibly pushing toward $250. Whether Solana achieves that move depends largely on continued institutional demand and overall market direction. The inflows into Solana ETF show that many investors are still confident in the network’s long-term potential. However, some market participants are waiting for clear momentum before re-entering aggressively. For now, Solana’s near-term outlook remains balanced. The network’s strong activity and sustained inflows are positives. Still, resistance levels and broader market weakness still weigh on SOL price. A break above $188 could mark the start of a recovery phase, while failure to hold support around $150 might invite more selling.