$SOL has chained eight consecutive months of losses — the longest negative streak in its history. This week it hit $62, a low for 2026, dragged down by a triple whammy: Goldman Sachs fully liquidated its position in the Solana ETF for $108M according to its Q1 2026 13F filing. Pump.fun resumed massive sell-offs after nine months of silence, depositing over 174,000 tokens on Kraken. And a long-term whale liquidated an additional $137M.
Today SOL is trading at ~$67, with a rebound of +5.4% in 24h. The accumulated ETFs have surpassed $974M in total net inflows — but they have not been able to counteract the institutional and whale selling pressure over the past few weeks.