Solana at $95.80, falls below $100… ETF sees $10.8 million in net outflows

Solana (SOL) traded around $95.80 on October 31, falling below the $100 level after dipping to an intraday low of $99.29 on October 29, according to CoinGecko pricing. The decline came as market sentiment turned bearish, with CoinMarketCap's Fear & Greed Index registering 35 and Alternative.me's index at 30 on October 31, both in "fear" territory. Spot Solana ETFs recorded $10.8 million in net outflows, adding to selling pressure on the token. The sub-$100 print marks a notable psychological threshold for SOL, which had been defending that level in recent sessions. Traders are watching whether SOL can reclaim $100 or if continued ETF outflows and fear-driven sentiment push prices lower in upcoming sessions.