---
title: "Solana futures funding turns negative as price drops to $83"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287065425.md"
description: "Solana's perpetual futures funding rates have dropped to -3%, indicating increased demand for short positions as the price fell to $83. Despite processing $1.1 trillion in transactions in Q1 2026 and having over 5 million active addresses, the price remains under pressure. Institutional investors like Goldman Sachs and Intesa Sanpaolo have reduced their Solana ETF holdings, contributing to market pessimism amid growing competition from other blockchains."
datetime: "2026-05-20T12:31:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287065425.md)
  - [en](https://longbridge.com/en/news/287065425.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287065425.md)
---

# Solana futures funding turns negative as price drops to $83

Bearish futures signal: Funding rates for Solana perpetual futures fell to -3%, showing heightened demand for short positions after the price retested $83. Record Q1 activity: Solana processed $1.1 trillion in transactions in Q1 2026, with over 5 million active addresses, yet its price remains under pressure. Institutional exits: Goldman Sachs and Intesa Sanpaolo significantly reduced Solana ETF holdings, adding to market pessimism amid rising competition from rival blockchains.

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## Related News & Research

- [Goldman exits Solana ETFs as price extends decline](https://longbridge.com/en/news/286769197.md)
- [Could Solana (SOL) ETFs outperform Ripple (XRP) ETFs in 2026?](https://longbridge.com/en/news/286680156.md)
- [Why SOL price is struggling even as Solana ETF inflows rise](https://longbridge.com/en/news/287040526.md)
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