SOL Token Sees 4.85% Dip After $8.9M Inflows and ETF Filing Momentum

Solana (SOLUSDT) experienced a 4.85% price decline over the past 24 hours, with the current price at $193.64 on Binance. This drop follows a brief surge above $200, driven by increased trading volumes and heightened institutional interest, including $8.9 million in recent inflows and ongoing SEC reviews of multiple Solana ETF filings. The market remains active, with 24-hour trading volume reaching approximately $14.41 billion and a market capitalization of about $104.27 billion. Despite the short-term pullback, Solana has posted a weekly gain of over 10%, supported by growth in its DeFi ecosystem and anticipation around new ETF approvals.