#CryptoIntegration Why hasn't the price of Solana risen? Data shows that institutions like DeFi Dev Corp and others have increased their allocation to Solana, as huge amounts of SOL have been added recently (The Coin Republic, FX Leaders, Mitrade).
Additionally, exchange-traded funds (ETFs) linked to Solana, such as REX-Osprey SSK, quickly attracted over 150 million dollars, providing a supportive boost to the price (icobench.com, Coinfomania).
5. Waiting for the Regulatory Decision
The U.S. Securities and Exchange Commission (SEC) decision to postpone approval of the Solana ETF until October 2025 (the last possible extension) created a sense of cautious anticipation. Investors are awaiting the decision, which could be a potential turning point for the price (Coinfomania).
Conclusion
Despite strong financial inflows to Solana from institutions and funds, the following factors have contributed to the price remaining stable so far, with no significant price increases:
Capital rotation to Ethereum
Selling pressures in futures markets
Lack of a strong market narrative
And anticipation of an important regulatory decision
All these factors have contributed to keeping the price within a stable range so far, and prices have not risen noticeably. A moment when market conditions change, especially after the ETF decision, could push the price upward significantly.
