Solana ETF Flow, DEX Activity, Fee Revenue Rise: Is SOL discounted?
Despite a 72% drop from its all-time high, Solana's network activity and ETF inflows suggest potential undervaluation of SOL.Summary
Solana’s SOL is currently trading significantly below its all-time high, but recent data points suggest potential undervaluation. While spot SOL ETF inflows have slowed since December 2025, they remain more resilient than Bitcoin and Ether ETFs, with cumulative outflows totaling only $11.3 million over two weeks. Solana’s network activity continues to outperform competitors, processing $108 billion in DEX volume over the past 30 days, exceeding Ethereum and Base. Furthermore, Solana generates higher app revenue and boasts more active addresses and chain fees than Ethereum. The Realized Supply cluster and ETF positioning suggest a gap between activity and valuation, with a potential recovery point between $51 and $80, though the $120 resistance level remains a challenge.
(Source：Cointelegraph)