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Solana (SOL) ETF Assets Pass XRP Funds at $1.91B

Solana ETF net assets hit $1.91 billion after eight straight days of inflows, passing XRP funds, as ETF holdings reached 2.74% of the SOL market cap.

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October 2, 2026, 07:50 PM UTC4 min read
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  • Solana ETF net assets closed at $1.91 billion on Oct. 1, above all XRP-linked funds.
  • Solana ETFs drew $253.98 million across eight consecutive sessions of net inflows.
  • XRP ETFs held $1.69 billion after absorbing $83.63 million over the same stretch.
  • ETF assets equal 2.74% of the SOL market cap against 1.79% for XRP as of Friday.
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Eight Straight Sessions of Inflows

Net inflows of $253.98 million crossed into Solana (SOL) exchange-traded funds across eight consecutive sessions, lifting the funds' combined net assets to $1.91 billion as of Thursday and past every XRP-linked product in the category. Tracking data from Sosovalue dates the first crossover to Sept. 17, when Solana funds closed at $1.42 billion in net assets against $1.39 billion for XRP products. Every one of the eight sessions since has printed a positive flow number. XRP funds absorbed $83.63 million over the same stretch and stand at $1.69 billion, leaving Solana roughly $220 million clear at the top of the altcoin ETF field.

The flow run rode a firm tape. The Solana (SOL) price climbed from about $97 to $122 inside the window, a 25.8% advance, while XRP moved from $1.29 to $1.53, a gain of 18.6%. The two trajectories do not prove fund demand set the prices, but the spread between them lines up with the divergence in flows. A spot ETF wraps the underlying token in a listed share structure, so its net assets rise both when subscriptions arrive and when the token's market price moves, and both engines ran at once here: eight positive sessions added $253.98 million of fresh capital while the token's rally compounded the effect on the reported total. Solana (SOL), the blockchain behind a broad DApp economy, entered the period with a smaller market value than XRP and finished it with the larger fund complex, a reversal that took less than three weeks to play out. The 30-day picture shows the same tilt: Solana ETFs took in $255.51 million over the past month, more than double the $111.09 million XRP products recorded.

The sharper comparison sits in penetration. As of Friday, XRP's market cap stood near $96.94 billion against $71.77 billion for Solana, yet ETF assets equal 2.74% of the SOL market value against 1.79% for XRP. The larger asset carries the shallower institutional footprint, and the flip happened fast: Solana went from trailing XRP on fund assets to leading in under three weeks while dominating recent flow. Cumulative allocations still favor XRP, $1.79 billion against $1.61 billion for Solana (SOL), so the lifetime tally is the next contest if the weekly gap holds. Bitwise runs the biggest fund in both classes: its BSOL product holds about $1.22 billion in net assets, roughly 64% of the $1.91 billion Solana complex, and Bitwise's XRP fund, the largest in its category, holds about $621.9 million. The crossover extends a streak we tracked earlier in the week, when Solana ETFs drew a record $188M of weekly inflows.

$118.05 Ceiling, $113.07 Floor

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $118.05 resistance at 76/100, built on Doji, Fibo 0.114, Pivot Point and MACD Cross confluence, and spot at $117.91 presses against that line. Support at $113.07 scores 65/100 on Fibo 0.214 and Ichimoku Kijun confluence in our support and resistance levels read. A close above $118.05 opens $123.15, where the engine reads 73/100 on ATR Upper and a bearish Pin Bar; losing $113.07 hands the tape to $104.28, rated 53/100 on Fibo 0.382 and EMA 50. RSI prints 61.01 with a bearish MACD signal inside an uptrend, funding runs at -0.0063%, and a 2.03 long/short account ratio shows 67% of accounts long, with Fear & Greed at 72, a Greed zone where FOMO entries cluster. Open interest stands at $2,318,925,618, the count of leveraged SOL positions still riding the crossover.

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