Solana Hovers Near $80 as ETF Inflows Slow, FTX Supply Risk Weighs

Solana (SOL) is facing renewed price pressure as signs of cooling ‘ETF demand’ collide with lingering concerns over potential supply overhang from the FTX estate, keeping the token pinned near the low-$80 range heading into the end of April.

As of Thursday UTC (April 30), SOL traded at $82.88, down 1.37% over the past 24 hours and 3.56% on the week, according to market data cited in the report. The pullback comes as the speculative tailwinds that helped propel activity earlier in the month—particularly the ‘memecoin’ trade—appear to be fading, while ETF inflows that had supported sentiment…  Read more

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