Solana fever in the US: Its ETFs achieve a record 21 consecutive days in the green

The stability and growth of Solana ETFs mark a new financial narrative on Wall Street, with consecutive positive net flows since their launch.

The financial narrative on Wall Street has found a new protagonist that challenges the current logic of the crypto market. While investors cautiously observe the sideways movements of traditional giants like Bitcoin and Ethereum, a steady, silent flow of capital has been directed toward a specific destination: Solana's exchange-traded funds (ETFs). 

Until Tuesday's close, these financial instruments managed to maintain a streak of 21 consecutive matchdays with entries net in the United States, consolidating a positive trend that has remained intact since its debut at the end of October.

According to analysts, this decoupled behavior from the rest of the digital sector underscores a shift in institutional appetite. It's not simply short-term speculation, but rather a systematic accumulation that has ignored the bearish noise of recent weeks. 

Data from the SoSoValue analytics platform indicates that Solana spot ETFs absorbed $58 million in fresh capital on Monday alone. This movement was primarily led by Bitwise's BSOL fund, which attracted $39,5 million, marking the third-highest daily figure since these products became available to investors.

Solana matures and conquers institutional portfolios

The 21-day winning streak isn't the only indicator suggesting the cryptocurrency's maturation. The traditional financial ecosystem appears to be accelerating its plans to integrate Solana into its premium product portfolios. A decisive move in this direction was made by Franklin Templeton, one of the world's largest asset managers with over $1,66 trillion in assets under management. The firm recently filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) for its own Franklin Solana ETF.

In the U.S. regulatory landscape, filing a Form 8-A is rarely an exploratory step; it is typically the final administrative hurdle preceding an imminent initial public offering. Historically, these filings are followed by the commencement of trading within days. The arrival of a player of Franklin Templeton's stature sends a robust signal of confidence to the market, indicating that Solana's infrastructure and value proposition are solid enough to be offered to conservative institutional clients and pension funds.

With Tuesday's figures, the total accumulated net inflows since October 28 amount to 887,25 millionWhile this figure represents approximately 1,09% of SOL's total market capitalization, its qualitative impact is greater than its percentage weight. This capital is "sticky," meaning it typically belongs to investors with longer time horizons than the average retail trader, thus providing a layer of stability to the underlying asset's price.

More than speed: the rise of tokenization of real-world assets

Beyond financial flows, the sustained interest in Solana is justified by the evolution of its technological utility. The network has ceased to be seen solely as a platform for rapid exchange and has become a key infrastructure for the tokenization of the real economy. 

Un date A revealing factor accompanying this stock market success is the growth in the adoption of Real World Assets (RWA) within its blockchain. The number of holders of this type of asset on the network has surpassed the 100.000 mark, demonstrating that the technology is being used for purposes that transcend pure digital speculation.

Nick Ruck, director of LVRG Research, offers an analytical perspective on this phenomenon. According to Ruck, Solana spot ETFs have demonstrated resilience exceeding initial projections, which anticipated a much more lukewarm adoption given the overall market downturn. For the analyst, this sustained influx demonstrates that Solana has achieved "premium asset" status, attracting sophisticated investors who already have exposure to Bitcoin and Ethereum but are looking to diversify within a competitive decentralized finance (DeFi) ecosystem.

A cryptocurrency that is gaining ground among the financial elite

The consistency shown during these last few weeks of trading suggests that Solana's narrative has successfully penetrated high-end financial circles. 

Unlike previous cycles, where interest depended almost exclusively on the vertiginous rise in prices, the current trend is based on strategic accumulation. 

The combination of uninterrupted capital inflows, the imminent arrival of issuers of Franklin Templeton's caliber, and the growth in actual users on the network paints a picture of consolidation. While the rest of the market searches for direction, Solana seems to have found its lane on the Wall Street financial highway.