SOL plunged roughly 20% last week amid a large whale liquidation and leveraged unwind, but notable spot-ETF inflows (~$70M) and rising on-chain activity (transaction volume +15%, TVL +13%) suggest institutional accumulation beneath the dip. This article breaks down price action, ETF flows, on-chain metrics, and practical trade/watch levels.

DEX trading volume on Solana jumped ~54% last week, lifting TVL ~42% and pushing SOL above $60. Institutional comments and a Hong Kong spot‑ETF approval delivered mixed price reactions amid heightened on‑chain activity.

SOL saw heavy trading and institutional inflows this week: on-chain activity and DEX volumes surged even as price briefly corrected. ETF purchases, rising TVL and cross-chain migration underscore solid demand despite short-term volatility.