SOL in the Shade: Crypto Daybook Americas: Crypto Daybook Americas
Despite strong inflows into Solana ETFs, SOL's price remains under pressure alongside Bitcoin and Ether.Summary
The Crypto Daybook Americas for November 13, 2025, highlights a divergence between Solana's (SOL) market performance and investor interest in SOL-based ETFs. While Bitwise and Grayscale's spot SOL ETFs have seen $368.5 million in net inflows since late October, investors are withdrawing capital from Bitcoin and Ether ETFs. However, SOL traders have not reflected this demand, keeping SOL under pressure, with the SOL/ETH ratio hitting its lowest level since August. Bitcoin struggled to gain momentum above $100,000, and Ether moved sideways near $3,500. Key news included the U.S. House passing legislation to end a government shutdown, potentially releasing $40 billion in deferred liquidity. Technically, SOL is testing the 61.8% Fibonacci retracement line, and a drop below could signal a slide toward $129. The report also detailed upcoming token events, governance votes, and market movements.
(Source：CoinDesk)