Solana Rises 1.11% to $111.57 as Spot ETF Inflow Streak Ends
Solana (SOL) is up 1.11% at $111.57 as of Oct 12 00:40 (ET).
SOL is down 6.75% over the past 7 days.
Spot Solana ETFs recorded over $24 million in net outflows across consecutive sessions, snapping a 14-week streak of net inflows.
Solana’s stablecoin reserves fell by $1.12 billion, a 6.4% contraction.
The Solana Delivery-versus-Payment program, designed with input from J.P. Morgan, launched for atomic financial clearing.
Samsung is integrating Solana-based stablecoin rails across millions of mobile devices.
Solana is up 1.11% at $111.57 as of Oct 12 00:40 (ET). Over the past 7 days, SOL is down 6.75%.
Spot Solana ETFs recorded over $24 million in net outflows across consecutive sessions. That ended a 14-week streak of net inflows.
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Solana Price Today: Market Data
Key figures for SOL as of Oct 12 00:40 (ET):
Price: $111.57
Change: +1.11%
7-day change: -6.75%
Spot Solana ETF net outflows: over $24 million across consecutive sessions
ETF net-inflow streak ended: 14 weeks
Stablecoin reserves on Solana: down $1.12 billion (-6.4%)
Readers who follow Solana price action and on-chain activity in real time can do so through the SpotX live stream.
Main News: Solana Edges Higher After a Weak Week
Solana advanced on Monday after a 6.75% drop over the past seven days. Two enterprise developments are in focus: a new settlement program and a stablecoin integration on mobile devices.
Solana Delivery-versus-Payment Program Launches
The Solana Delivery-versus-Payment program launched for atomic financial clearing. It was designed with input from J.P. Morgan.
Samsung Integrates Solana Stablecoin Rails
Samsung is integrating Solana-based stablecoin rails across millions of mobile devices.
Traders who monitor Solana ETF flows and wallet activity can follow live data through SpotX.
Spot Solana ETFs Snap a 14-Week Inflow Streak
Spot Solana ETFs recorded over $24 million in net outflows across consecutive trading sessions. That snapped a 14-week streak of net inflows.
Net outflows: over $24 million
Inflow streak ended: 14 weeks
Stablecoin Reserves on Solana Decline
On-chain data shows a $1.12 billion decline in Solana’s stablecoin reserves, a 6.4% contraction. Overall DeFi total value locked also fell.
Whale Unstaking and Exchange Transfers
On-chain tracking shows substantial whale unstaking activity. It also shows multi-million-dollar SOL transfers into centralized exchange wallets.
Summary: Solana Price Today
Solana is up 1.11% at $111.57 as of Oct 12 00:40 (ET) and down 6.75% over seven days. Spot Solana ETFs snapped a 14-week inflow streak with over $24 million in outflows.
Price: $111.57 (+1.11%), -6.75% over 7 days
ETF flows: over $24 million in net outflows, ending a 14-week inflow streak
Stablecoin reserves: down $1.12 billion (-6.4%)
Enterprise news: Solana Delivery-versus-Payment program and Samsung stablecoin rails
On-chain: whale unstaking and SOL transfers to centralized exchanges
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Frequently asked questions
What is the Solana price today?
Solana is at $111.57, up 1.11% as of Oct 12 00:40 (ET). It is down 6.75% over the past 7 days.
What happened to Solana ETF flows?
Spot Solana ETFs recorded over $24 million in net outflows across consecutive sessions, snapping a 14-week streak of net inflows.
What is the Solana Delivery-versus-Payment program?
It’s a program launched for atomic financial clearing on Solana, designed with input from J.P. Morgan.
What is Samsung doing with Solana?
Samsung is integrating Solana-based stablecoin rails across millions of mobile devices.
How much did Solana’s stablecoin reserves fall?
Solana’s stablecoin reserves declined by $1.12 billion, a 6.4% contraction.