VanEck’s Solana ETF (SOL), VSOL, launched on Monday, November 17, 2025. That is the third SOL ETF within the US, following Bitwise and Grayscale, each launched in October. Regardless of having three ETF launches during the last month, SOL worth has not proven any constructive motion. In response to Solana knowledge from CoinGecko, SOL is down 3.1% within the final 24 hours, 16.2% within the final week, 13.4% on the 14-day charts, and 25.4% from the earlier month. Moreover, the worth of SOL has plummeted by 43.2% since November 2025.
Will Solana recuperate after the launch of its third ETF?
The present market state of affairs is sort of darkish. Bitcoin (BTC) fell under the $90,000 mark and the cryptocurrency market noticed over $1 billion in liquidations. The worldwide crypto market capitalization has fallen 3.8% within the final 24 hours to $3.21. Solana (SOL) and different property comply with the market’s threat aversion development.
Solana (SOL) has had three ETF launches in current weeks that collectively have seen over $380 million in inflows. Regardless of the excessive inflows, SOL worth has failed to indicate a powerful rebound. This might be because of the general bearish development of the market.
The cryptocurrency market has taken a beating during the last month. The market decline is probably going attributable to low expectations of one other rate of interest reduce in 2025. Federal Reserve Chairman Jerome Powell additionally warned of sluggish financial progress and rising inflation. Each developments might have scared traders away from dangerous property like Solana (SOL) and different cryptocurrencies.
Solana (SOL) just isn’t more likely to recuperate till a market-wide resurgence happens. Bitcoin (BTC) is the market chief and till BTC recovers, different cryptocurrencies will probably not rise. The cryptocurrency market may rebound if macroeconomic situations enhance. An rate of interest reduce in 2026 may additionally elevate investor confidence.
