Solana’s price dropped below $180 despite attracting nearly $199 million in institutional investment through newly launched exchange-traded funds (ETFs) over the past week. The cryptocurrency traded around $175, down 6.4% in 24 hours and extending a week-long slide that has wiped out almost 12% of its value. This decline comes despite major asset managers acquiring more than $500 million in Solana holdings. The blockchain’s performance suggests robust growth – it generated $2.85 billion in annualized revenue, growing 30 times faster than Ethereum’s early performance. 3, but market sentiment remains cautious as risk-averse investors prioritize capital preservation over potential growth opportunities.