<div id="readability-page-1"><p>Solana [SOL] is sending mixed signals to the market right now. While the price and derivatives look shaky at best, capital might be making its way into Spot SOL ETFs though.</p><p>There’s a gap between long-term belief and short-term trader sentiment, which will make a difference if this pace is maintained.</p><div><article><div><div><div><div><div><div><p>Datat from SoSoValue highlighted capital entering ETFs this week, even as the native token SOL recorded a double digit fall over the same timeframe. Total net assets held by spot SOL ETFs climbed to $674 million too, implying that investors may be willing to add exposure at press time levels.</p><div id="attachment_568721"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-15.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1785" height="592" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-15.png"/></p><p id="caption-attachment-568721">Source: SoSoValue</p></div><p>Rather than chasing prevalent short-term price moves, ETF buyers might be a bit more patient in their efforts to create a time of consolidation. While these flows don’t quite confirm a trend reversal, it could happen in time.</p><p>Here, while inflow sizes seemed to be modest, the consistency can be deemed notable.</p><h2>‘Cautious’ derivatives as SOL trades in a range</h2><p>This buying seemed to be in great contrast with what’s happening across Solana’s derivatives market.</p><p>On the price charts, it looks like there’s little to no faith in SOL this week. At press time, SOL was trading at around $87.17, moving sideways after recovering slightly from last week’s drop. The Bollinger Bands revealed the price being compressed between the $84.60 lower band and the $89.14 upper band. There’s a lack of pace.</p><div id="attachment_568729"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-1-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1570" height="916" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-1-1.png"/></p><p id="caption-attachment-568729">Source: TradingView</p></div><p>The RSI was at 51.16, while MACD histograms turned green over the last few days. Meanwhile, Aggregated Open Interest was at around $2.34 billion, down from recent highs.</p><p>Traders have been selling rather than adding leverage. The average Funding Rate was -0.0222, meaning short positions continued to dominate, with traders willing to pay to stay bearish.</p><div id="attachment_568728"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-2-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1642" height="365" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/image-2-1.png"/></p><p id="caption-attachment-568728">Source: Coinalyze</p></div><p>The market wants to stabilize. However, the want is not absolute, with price and derivatives not supporting the ETF push for greener numbers.</p><hr/><h2>Final Thoughts</h2><ul><li><em>Solana ETFs hold $674M in assets, even with shaky price and derivatives.</em></li><li><em>SOL’s next move likely depends on whether ETF inflows stay consistent.</em></li></ul></div></div></div></div></div></div></article></div></div>

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<p>Solana (SOL) is experiencing mixed market signals, with a notable decline in its price while capital flows into Spot SOL ETFs continue. Despite SOL's recent drop to around $87.17, total net assets in these ETFs have reached $674 million, indicating investor interest. While short-term trader sentiment remains cautious, ETF buyers appear patient, suggesting potential for future consolidation. However, the current lack of confidence in SOL's price and derivatives may hinder a trend reversal, making the sustainability of ETF inflows crucial for SOL's next move.</p>

Solana – Why ETF money is still coming despite SOL’s price action