According to the source, SOL Strategies’ CEO said protocol crypto treasuries are fading as capital prefers regulated staking ETFs that package staking yield, warning they will eat their lunch (source: public remarks by SOL Strategies CEO on Nov 22, 2025). The CEO stated this rotation could divert inflows from on-chain treasury yield programs toward ETF wrappers, potentially impacting demand dynamics for ETH and SOL where staking yields matter for valuation and liquidity (source: public remarks by SOL Strategies CEO on Nov 22, 2025). The CEO added that convenience and liquidity advantages in ETF structures are the catalysts for the shift, making ETF AUM growth versus protocol treasury balances a key trading metric to watch (source: public remarks by SOL Strategies CEO on Nov 22, 2025).

According to Lookonchain, Forward Industries transferred 1.727M SOL (about $219.32M) to wallet 552ptg, based on on-chain tracking and the cited Arkham Intel entity page. Source: Lookonchain on X; Arkham Intel entity page for Forward Industries. Lookonchain reports Forward Industries previously acquired 6,834,506 SOL at an average cost of $232.08, with current valuation around $868M and an unrealized loss of $718M (-45%). Source: Lookonchain on X; Arkham Intel entity page for Forward Industries. The transferred 1.727M SOL represents roughly 25.3% of the reported 6.834M SOL position, calculated from the figures provided. Source: Lookonchain on X. The transfer value implies a per-SOL price near $127 at the time of movement, derived from $219.32M divided by 1.727M SOL. Source: Calculation from Lookonchain-reported figures. Traders can monitor wallet 552ptg and any subsequent interactions with exchange-labeled addresses to assess on-chain liquidity flows tied to this entity. Source: Lookonchain identification of wallet 552ptg; Arkham Intel entity labeling.

According to @santimentfeed, Solana’s market value has fallen 49% from its September 17 local top while interacting addresses and new SOL wallet creation are rising, indicating a unique bullish on-chain divergence. Source: Santiment (@santimentfeed). Santiment adds that SOL is currently the number 7 crypto by market capitalization and points traders to its dashboard to monitor ongoing on-chain activity. Source: Santiment (@santimentfeed).

According to @FarsideUK, Bitwise Solana ETF BSOL posted $0 million net flow today, showing no net inflows or outflows for the session, source: Farside Investors farside.co.uk/sol. For traders, unchanged ETF flow means no incremental ETF-driven net demand for SOL via BSOL today, source: Farside Investors farside.co.uk/sol.

According to @AltcoinDaily, Solana ETFs have posted 18 consecutive days of positive net inflows, which the post characterizes as institutional buying of SOL, with the update published on X on Nov 21, 2025, source: Altcoin Daily on X, Nov 21, 2025.

According to @santimentfeed, the current top Solana ecosystem projects by development activity are 1) LINK, 2) SOL, 3) W, 4) DRIFT, 5) JTO, 6) SWARMS, 7) PYTH, 8) IOT, 9) MET, and 10) ORCA, based on enhanced GitHub event data designed to objectively capture developer work across repositories. Source: Santiment (@santimentfeed) on Nov 21, 2025 https://twitter.com/santimentfeed/status/1991921153015730681 and methodology https://medium.com/santiment/a-different-look-into-blockchain-ecosystem-development-activity-f34f32180482. The ranking includes directional indicators showing whether each project’s position rose, fell, or held versus last month, signaling shifts in developer momentum that traders can track within the Solana ecosystem. Source: Santiment (@santimentfeed) https://twitter.com/santimentfeed/status/1991921153015730681. Santiment also provides a public Solana ecosystem screener to monitor these projects and other metrics in real time for trading workflows. Source: Santiment screener https://app.santiment.net/screener/solana-ecosystem-35059.

According to @CryptoKing_2020, Cocodino Jedi 3D is minting a 1,111-piece Solana NFT collection at a price of 1.1 SOL on LaunchMyNFT, with the official mint link launchmynft.io/sol/21219, source: @CryptoKing_2020 on X twitter.com/CryptoKing_2020/status/1991814123446050980. The post states that legendary raffles occur every 50 mints and emphasizes getting in early for low IDs, source: @CryptoKing_2020 on X x.com/cocodino_NFT/status/1991403298981826868. If fully minted, primary sales would total 1,222.1 SOL based on 1,111 supply at 1.1 SOL each, calculation derived from the stated terms, source: @CryptoKing_2020 on X twitter.com/CryptoKing_2020/status/1991814123446050980. Based on the announced cadence, up to 22 legendary raffles would trigger by the 1,100th mint (every 50 mints), with the remaining 11 mints outside the 50-mint intervals, source: @CryptoKing_2020 on X x.com/cocodino_NFT/status/1991403298981826868.

According to @lookonchain, Strategy holds 649,870 BTC bought at a $74,433 average, now showing $6.15B (+12.72%) in unrealized profit on a $54.52B position (source: @lookonchain). Bitmine holds 3,559,879 ETH bought near a $4,010 average, now at an unrealized loss of $4.52B (-31.67%) on a $9.75B position (source: @lookonchain). Forward Industries holds 6,834,506 SOL bought at a $232.08 average, now at an unrealized loss of $711M (-44.85%) on an $874.8M position (source: @lookonchain). Across these reported wallets, BTC is the only position in profit while ETH and SOL are in significant unrealized losses, highlighting relative BTC strength versus ETH and SOL during the latest market drop for this cohort (source: @lookonchain).

According to @ai_9684xtpa, a tracked trader reopened three long positions totaling 23.19M USD after closing earlier today, with reported entries of SOL 100,041.36 at 134.36 USD, BTC 100.95 at 88,189.6 USD, and LTC 11,071.24 at 88.8 USD; source: https://x.com/ai_9684xtpa/status/1991678490014535840; https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244. The same source notes the trader has executed 32 consecutive long-only attempts since Nov 3, signaling persistent long-side behavior that traders may track for momentum confirmation; source: https://x.com/ai_9684xtpa/status/1991678490014535840; https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244. For trade planning, monitor the reported average entry levels as near-term pivots: SOL 134.36 USD, BTC 88,189.6 USD, LTC 88.8 USD; strength above may validate trend continuation while breaks below increase drawdown risk for the whale; source: https://x.com/ai_9684xtpa/status/1991678490014535840; https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244.

According to @FarsideUK, the Bitwise Solana ETF (BSOL) recorded a US$20.1 million daily net flow, based on Farside Investors’ tweet on Nov 21, 2025 and its Solana ETF flows tracker, source: Farside Investors. This figure reflects the day’s net creations/redemptions for BSOL as defined and reported by Farside Investors on its Solana ETF flow page with methodology and disclaimers, source: Farside Investors.

According to @sns, the Solana Network State event featured a standout Q&A by @balajis and sustained high energy across sessions, reflecting active participation from builders and community members, which confirms elevated ecosystem engagement around Solana (source: @sns on X, Nov 20, 2025). According to @sns, the Road to Breakpoint is officially underway, establishing a clear Solana event calendar that SOL market participants can reference as a time-bound catalyst window tied to officially signposted community activities (source: @sns on X, Nov 20, 2025).

According to @lookonchain, Hyperliquid address 0x35d1, identified as the largest SOL short on the platform, has begun shorting ETH and continues to add SOL and ETH shorts using maximum leverage. Source: x.com/lookonchain/status/1991377591459291265 Current disclosed positions are 441,393 SOL valued at $63.55M and 335.58 ETH valued at $1.02M, with the address and positions visible at hypurrscan.io/address/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1. Sources: x.com/lookonchain/status/1991377591459291265; hypurrscan.io/address/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1

According to Farside Investors, Bitwise's Solana ETF (BSOL) recorded US$35.9 million in daily flow, as reported on the firm's Solana ETF flow dataset. Source: Farside Investors via farside.co.uk/sol/ and the @FarsideUK post dated Nov 20, 2025. According to Farside Investors, traders can review the full dataset, methodology, and disclaimers when interpreting the BSOL daily flow print. Source: Farside Investors via farside.co.uk/sol/ and @FarsideUK.

According to @OnchainDataNerd, two newly created wallets withdrew a combined 70,000 SOL, about 9.8 million USD, from Binance over the past five hours, with an average entry price near 140 USD (source: @OnchainDataNerd). The transfers were made to two fresh wallets whose addresses were shared by the source, indicating the coins left the exchange’s custody at the time of withdrawal (source: @OnchainDataNerd). This outflow mechanically reduces immediately available SOL on Binance by 70,000 coins at the time of the transfers, based on the reported on-chain withdrawals (source: @OnchainDataNerd). Given the reported average entry of about 140 USD, these wallets are in unrealized profit when SOL trades above 140 USD and in unrealized loss when below 140 USD, derived from the source’s cost basis data (source: @OnchainDataNerd).

According to @FarsideUK, Fidelity's FSOL has been added to Farside's Solana ETF flow dashboard. Source: https://farside.co.uk/sol/ The first trading day for FSOL is indicated as Nov 18, 2025. Source: https://twitter.com/FarsideUK/status/1990728753694064803 The dashboard shows BSOL continuing to record net inflows and building a lead in flows. Source: https://farside.co.uk/sol/ Traders can monitor FSOL’s launch and BSOL’s inflow trend on the dashboard to track SOL-linked ETF liquidity. Source: https://farside.co.uk/sol/

According to @lookonchain, the LIBRA team spent 61.59M USDC to buy 456,393 SOL at an average price of $135, with transactions visible on Solscan at https://solscan.io/account/FKp1tEiy55hiAZs3RaYr8mj87U5ZcopB5aXgCPD8dNX7 and https://solscan.io/account/61yKS9bjxWdqNgAHt439DfoNfwK3uKPAJGWAsFkC5M4C (source: Lookonchain; Solscan). For trading, $135 represents the buyer’s average entry from these on-chain fills, and monitoring the two Solana addresses for subsequent inflows or outflows can offer signals on SOL liquidity and momentum (source: Lookonchain; Solscan).

According to @sns on X on Nov 18, 2025, the OPOS Award at SolanaConf is gathering names and the account encouraged votes for SNS, source: @sns on X, Nov 18, 2025. For trading, this announcement sets a SolanaConf event window to watch for SOL spot and perpetual market liquidity shifts and Solana ecosystem token volume and social sentiment changes driven by community engagement around the award process, source: @sns on X, Nov 18, 2025.

According to Lookonchain, whale address FMdRow purchased 134,680 SOL (about $17.85 million) today during the market dip. According to Lookonchain and the Arkham address page at intel.arkm.com/explorer/address/FMdRowCe2LA8jomG9PSC1hsGsmmrYwkrSCNnQmYUempS, the wallet has accumulated 324,568 SOL (roughly $44 million) over the past month at an average entry price near $160. According to Lookonchain, the position is currently showing an unrealized loss of about $8 million. Traders can track the reported $160 average cost and subsequent wallet inflows/outflows via the Arkham page cited by Lookonchain for SOL spot and perp flow monitoring.

According to @OnchainLens citing Nansen data, the LIBRA team withdrew $3.94 million USDC from a liquidity pool. According to @OnchainLens citing Nansen data, two wallets associated with the team bought 456,401 SOL for $61.59 million USDC at an average execution price of $135. According to @OnchainLens, the wallet addresses involved are DefcyKc4yAjRsCLZjdxWuSUzVohXtLna9g22y3pBCm2z and 61yKS9bjxWdqNgAHt439DfoNfwK3uKPAJGWAsFkC5M4C. According to @OnchainLens citing Nansen data, these transactions confirm a large USDC-to-SOL conversion with a reported average entry level near $135 for these wallets.

According to @ai_9684xtpa citing the HyperBot Hyperliquid trader dashboard, address 0x8d0...59244 opened 20x long positions totaling $22.05M, including 5,047.09 ETH at $2,995.9 and 51,411.68 SOL at $135.43, as posted on Nov 18, 2025 (source: @ai_9684xtpa and hyperbot.network). According to @ai_9684xtpa referencing the same source, the address has attempted 30 consecutive long trades since Nov 3 with a 31% win rate (source: @ai_9684xtpa and hyperbot.network).