SOL faces selling pressure as ETF inflows slow and futures sentiment weakens

Solana (SOL) traded lower Monday, extending its corrective trend from early July. Institutional demand remains subdued, with SOL ETFs recording less than $1 million in inflows for a second consecutive week. Futures Open Interest declined while trading volume surged 78%, pointing to increased market activity but weaker conviction. SOL faces selling pressure from slowing ETF inflows and weakening futures sentiment.