Solana Price Plummets Despite Record ETF Debut

The Solana price experienced a notable dip of about 4% in the past 24 hours, trading at $194 as of 4 a.m. EST on October 29th, 2025, according to recent market data. Despite this decline, the Solana-based Bitwise spot ETF (BSOL) registered an impressive debut with over $56 million in trading volume on its first day, exceeding the launch volumes of other popular crypto ETFs like REX Osprey’s XRP and Solana staking products. 🚀