U.S. Solana ETFs logged their first net outflows in four weeks as SOL’s price slipped toward the $130 area. The shift reflected withdrawals from leveraged products even while spot Solana ETFs continued to attract significant capital.
Leveraged Solana products posted notable outflows in mid‑January, with the 2x Solana ETF (SOLT) seeing seven‑figure redemptions—about $1.36 million on Jan. 14 and roughly $1.96 million on Jan. 15—as short‑term traders moved to reduce exposure following heightened volatility.
Meanwhile, U.S. spot Solana ETFs logged their strongest weekly inflows in four weeks, supported by several multi‑million‑dollar allocations from institutional buyers. “These outflows from leveraged products are broadly viewed as short‑term traders cutting risk or locking in gains,” according to market analysts.
Price action and technical thresholds
Price movement did not map cleanly to fund flows. During the mid-January outflows SOL traded above the headline $130 level—around $143–$145 on Jan. 14–15—but by Jan. 19, 2026 the token had corrected to roughly $133.69 and was testing the $130–$133 band.
The report also noted prior episodes: in December 2025 SOL remained below $130 even as ETFs posted about $69 million of inflows that week.
Analysts featured in the data framed the technical picture as conditional: a decisive move above $150 would help check selling pressure, while failure to regain that zone could leave SOL prone to a retreat toward $140. Sellers were observed defending the $127 area during the recent correction.
Investors and traders will now watch whether sustained spot ETF inflows can provide a durable demand floor and drive SOL back above the $150 threshold; absent that follow-through, the price is at risk of further retracement toward the low-$140s.
Data suggests the market is still balancing long-term institutional accumulation against short-term speculative exits—an interplay that will determine SOL’s path in the coming sessions.
