News about SOL

According to DeFiLlama, Solana holds $15.5 billion in U.S. dollar stablecoins as of October 17, 2026, while Ethereum has about $143.9 billion, roughly 9.3 times larger. Yet SOL fell 6.5% over the past week to $103, and U.S. spot Solana ETFs have recorded net outflows in every session since October 5, totaling $54.9 million through October 16. The article argues stablecoin balances do not directly indicate SOL demand, since parked dollars, concentrated holdings and minimal network fees make the link weak. Solana ETF net assets fell from $1.96 billion on September 25 to $1.62 billion by October 16, though total net inflows still stand at $1.56 billion. The Alpenglow upgrade, scheduled for mainnet activation on October 21, aims to cut transaction finality from 12.8 seconds to about 150 milliseconds, but traders may already have priced it in.