Institutional investors accelerated Solana (SOL) crypto acquisitions during the recent price correction, as price started on a correction path.
Exchange-traded products (ETPs) and treasury companies saw massive inflows, while SOL declined 11% from recent highs.
The sustained demand during the downturn positioned the asset for potential rebounds according to technical analysis.
According to Farside Investors’ data, the REX-Osprey Solana ETF registered $65 million in inflows between Sept. 15 and Sept. 22, representing 23.5% of its cumulative flows since its launch on July 2.
Institutional buying occurred as SOL declined from $242.27 to a low of about $210 on Sept. 24.
The ETF inflows coincided with significant acquisitions from digital asset treasury companies during the same period.
Major corporate buyers included Helius Medical Technologies, which acquired 760,190 SOL tokens at an average cost of $231.
Several other treasury firms expanded their holdings despite market v
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