Solana rebounds to $107.77 as ETF outflows end a 14-week inflow streak

Solana recovered to $107.77 on Binance’s SOL/USDT pair at 15:17 UTC on Tuesday, October 13, 2026, after touching $101.69 overnight, according to tradingnews.com. The rebound followed a sharp selloff across Asian equities and cryptocurrencies, while withdrawals from U.S. spot SOL exchange-traded funds added pressure.

ETF demand reverses

U.S. spot Solana ETFs recorded $24.8 million in net outflows in the week ended October 9, breaking a run of 14 consecutive weeks of inflows, tradingnews.com reported. Another $0.7 million left on October 12, extending the withdrawals to six consecutive trading sessions. The reversal followed $2.4 million of inflows in the week ended October 2 and $188 million the previous week.

The retreat extended beyond Solana: Bitcoin ETFs lost $681.1 million and Ethereum ETFs lost $542 million in the week ended October 9. Nevertheless, cumulative net inflows into spot SOL ETFs remained about $1.574 billion since launch. In Asia, Pando Finance listed a spot Solana ETF on the Hong Kong Stock Exchange on October 13, becoming the city’s second such fund, according to tradingnews.com.

Liquidations meet network catalysts

The overnight market shock began as South Korea’s KOSPI opened 5.46% lower at 6,035.35 following Chinese DRAM maker CXMT’s announcement of a new 4F server DRAM design, according to tradingnews.com. SOL fell from $111.98 on October 12 to $101.69 during the Asian session, a 9.2% decline. Across crypto, overnight liquidations reached hundreds of millions of dollars, led by Ethereum at $115.19 million and Bitcoin at $106.61 million.

Network liquidity offered a contrasting signal. Circle minted about $3.5 billion of USDC on Solana over the past week, tradingnews.com reported, while DeFiLlama data cited by the outlet showed about $6 billion in total value locked and nearly $16 billion in stablecoins. These measures of network activity are distinct from demand for SOL itself and do not establish that ETF withdrawals have been offset by token buying.

Solana’s Alpenglow upgrade is targeted for mainnet activation in October 2026, with the aim of reducing finality from roughly 12.8 seconds to about 150 milliseconds. The precise activation date remains unconfirmed, according to tradingnews.com. Before that technical milestone, September U.S. CPI is scheduled for Wednesday, October 14, at 8:30 a.m. ET, providing another near-term event for markets assessing interest-rate expectations.

What it means for prediction markets

• Price recovery and fund flows point in different directions. The bounce from $101.69 does not, by itself, establish a reversal in the six-session ETF withdrawal trend.
• Upgrade timing remains uncertain. October is the reported target for Alpenglow, not a confirmed activation date—a meaningful distinction for contracts tied to deployment deadlines.
• Macro events could outweigh network developments in the near term. The Korean equity shock and the October 14 CPI release are relevant catalysts for SOL price-threshold markets.
• Stablecoin issuance is not SOL purchasing. Circle’s $3.5 billion USDC mint provides evidence of network liquidity, but should not be treated as an equivalent inflow into the token.