Solana Price Declines 78% as Institutional Demand Remains Strong

Solana's recent price drop to $65 marks a significant decline of 78% from its all-time high of $293.31 in January 2025. The token has broken below key support levels, leaving it in a downtrend with extreme fear registered on the Crypto Fear and Greed Index.

Despite this bearish price action, Solana's exchange-traded funds (ETFs) have attracted inflows, diverging from Bitcoin and Ether products that hemorrhaged capital. This divergence is a key indicator of institutional demand for Solana, which has built an $1.45 billion cumulative inflow base since launch.