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Altcoins & DeFi

Solana Slides to $114 as ETF Flows Reverse — $104 Becomes the Downside Level

Image: Crypto Daily

Solana traded around $114.88 on October 8, down 2.5% over 24 hours after moving between $114.42 and $117.90. That puts SOL close to the lower boundary of a closely watched $110–$116 daily breakout-floor zone. The move comes after recent Solana ETF flows reversed to a $1.13 million net weekly outflow. Bitwise BSOL recorded $6.51 million in outflows and Canary SOLC $4.78 million, partly offset by $5.38 million entering Grayscale GSOL, according to CryptoNews.net . For this Solana price prediction, the immediate issue is not whether the title’s $104 level is guaranteed.

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