VanEck’s Solana (SOL) ETF, VSOL, was launched on Monday, Nov. 17, 2025. That is the third SOL ETF within the US, following Bitwise and Grayscale, each of which launched in October. Regardless of having three ETF launches over the past month, SOL’s worth has failed to indicate any constructive motion. In line with CoinGecko’s Solana knowledge, SOL is down 3.1% within the final 24 hours, 16.2% within the final week, 13.4% within the 14-day charts, and 25.4% over the earlier month. Furthermore, SOL’s worth has tanked by 43.2% since November 2025.
Will Solana Rally After Its third ETF Launch?
The present market state of affairs is reasonably darkish. Bitcoin (BTC) fell under the $90,000 mark, and the crypto market noticed greater than $1 billion in liquidations. The worldwide crypto market cap has fallen 3.8% within the final 24 hours to $3.21. Solana (SOL) and different property are following the market’s risk-averse pattern.
Solana (SOL) had three ETF launches over the previous few weeks which have collectively seen greater than $380 million in inflows. Regardless of the excessive inflows, SOL’s worth has did not show a robust rally. This might be because of the normal market bearishness.
The crypto market has taken a beating over the past month. The market dip is probably going as a result of low expectations of one other rate of interest lower in 2025. Federal Reserve Chair Jerome Powell additionally warned about gradual financial development and rising inflation. Each developments might have spooked buyers away from dangerous property akin to Solana (SOL) and different cryptocurrencies.
Solana (SOL) will probably not rebound untill a market-wide resurgence. Bitcoin (BTC) is the market chief, and till BTC rallies, different cryptocurrencies will probably not make an upward climb. The crypto market might rebound if macroeconomic circumstances enhance. An rate of interest lower in 2026 might additionally elevate investor sentiment.
