Solana Price Falls 3% as Grayscale Buys $20.2M of SOL: What Do They Know?

Image: The Coin Republic
Key Insights Solana price fell 3.6% in 24 hours as Grayscale’s SOL ETF accumulated $20.2 million over 20 days. The US Spot SOL ETF recorded $24.81 million in combined outflows between October 5 and 9. The token also led tokenized-equity spot DEX volume with $786.3 million during October 5–11. Solana price stood at $106.30 after falling 3.6% in 24 hours at a time when Grayscale’s Solana ETF, GSOL, accumulated $20.2 million worth of SOL over 20 days. CoinGecko recorded a 24-hour low of $102.19 and a high of $110.55 during trading.
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