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Solana Rebounds to $105.4 After Hitting $100.62 on Oct. 15

Net outflows from U.S. spot Solana ETFs reached $9.8 million for a ninth consecutive session, while SOL remained about 11% below its Oct. 1 UTC close.

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A brushed metal token rests beside a rising metal edge / TokenPost.ai
A brushed metal token rests beside a rising metal edge / TokenPost.ai

Solana (SOL) rebounded from $100.62 to close near $105.4 in its Oct. 15 UTC session as U.S. spot Solana ETF outflows continued for a ninth consecutive trading day.

The session ended at 8 p.m. ET on Oct. 15 (Oct. 16 at 0000 UTC), after SOL reached an intraday high of $106.51. The close was about 11% below Solana's Oct. 1 UTC close of $118.38.

Net outflows from U.S. spot SOL ETFs totaled $9.8 million on Oct. 15, extending the streak to nine consecutive trading sessions. Outflows were about $1.3 million on Oct. 14, the eighth session in the run. Across the five sessions through Oct. 15, withdrawals totaled $16.6 million. The run stretched from Oct. 5 through Oct. 15.

Earlier coverage of Solana's October decline and ETF outflows put SOL near $102.50 at 2:06 a.m. ET (06:06 UTC) Oct. 15 and counted seven outflow sessions through Oct. 13. The closing price captures a later point in the same UTC day, after SOL recovered from its low.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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