Santiment Sees a Long-Term Bullish Case in Solana's 124% Network Growth

Crypto Insight Summary: Solana (SOL) network growth has jumped 124% since early September, according to Santiment. The analytics firm ties a long-term bullish case to that growth, which now adds about 1.71 million new wallets daily. However, institutional demand is moving the other way. US spot Solana exchange-traded funds (ETFs) have shed $17.7 million over three straight sessions, Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: 124% network growth indicates ecosystem expansion, but ETF outflows signal institutional caution.