Markets· ★★★· bearish·

Solana at $103: Grayscale buys for 20 days, VanEck sells, ETF outflows hit eighth day

  • —Solana at $102.99: daily low $101.04, high $107.74, market cap $60.7 billion
  • —Grayscale bought $20.2 million of SOL over 20 days; VanEck sold ~$700,000 on October 12
  • —Solana ETFs saw outflows for an eighth straight session, most recently $1.29 million
  • —About $3.5 billion of USDC was minted on Solana in seven days, the largest weekly issuance this year
Why it matters: ETF outflows signal no fresh capital arriving via funds, while surging USDC issuance points to liquidity flowing into the ecosystem.
#SOL#USDC
Source: CryptoTicker
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