Solana spot exchange-traded funds (ETFs) have concluded another week of net positive inflows, reversing the previous week's outflow. Data from Tuesday through Friday showed these ETFs collectively acquired $9.5 million worth of SOL, signaling a return of institutional demand. This positive flow streak has now extended past two consecutive weeks, with total net assets in these products holding near $1.08 billion.
Despite this institutional accumulation, the price of Solana's native token, SOL, faced significant sell pressure. Over the last seven days, SOL price retreated by over 7.7%, trading around $127 at the time of reporting and revisiting a consolidation zone near its six-month low. Analysts noted that the recent ETF inflows were notably lower than those seen in early January, suggesting elevated market uncertainty has tempered the segment's growth.
Network activity presented a mixed picture. While Solana's Total Value Locked (TVL) declined from a mid-month high of $9.1 billion to $8.28 billion, decentralized exchange (DEX) volumes surged. Weekly DEX volume jumped by over $28 billion, marking an 11-week high. This elevated activity was partly attributed to robust growth in the Real-World Assets (RWA) sector on Solana. Data from RWA.xyz indicated 30-day stablecoin transfer volumes on the network were up more than 43%, and the total value of RWAs on Solana crossed above $1 billion in late 2025.
The sustained ETF inflows, occurring without a corresponding price surge, indicate a phase of methodical accumulation by institutional buyers. This pattern suggests demand is being expressed through regulated investment vehicles first, potentially laying a foundation for future price volatility.