Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Goldman Sachs exits Solana and XRP ETPs, signaling institutional caution on altcoins amid market uncertainty.

Market News
19 May 2026
Tokenpost
View Source
Bearish
pluang ai news

Goldman Sachs fully liquidated its exchange-traded product (ETP) holdings in Solana (SOL) and XRP during Q1 2026, reflecting institutional caution toward higher-risk altcoins despite Solana's stable on-chain activity. This move is seen as a portfolio risk management decision rather than a negative judgment on Solana's technology. Solana's price remains volatile, with resistance around $88-$90 and support near $70-$80. The ecosystem shows ongoing development, especially in stablecoins and DeFi, but broader market fear and reduced institutional inflows may increase volatility in the near term.

More News (SOL)

Bitcoin dominance hits 70%, signaling collapse in Ethereum investor confidence, says Michael Saylor.

Bitcoin dominance hits 70%, signaling collapse in Ethereum investor confidence, says Michael Saylor.

Michael Saylor, executive chairman of Strategy, stated at Bitcoin Corporate Day that investor confidence in Ethereum has collapsed as Bitcoin's market dominance surged from 41% in 2021 to nearly 70% by mid-2026. This shift indicates a structural move...

Market News
Bearish
6 hours ago
Kazakhstan's Alatau City partners with Solana to advance blockchain innovation and tech education.

Kazakhstan's Alatau City partners with Solana to advance blockchain innovation and tech education.

Alatau City in Kazakhstan signed a memorandum with the Solana Foundation to develop blockchain infrastructure, support startups, and train local talent. This partnership aims to transform Alatau City into a blockchain innovation hub, complementing Ka...

Protocol Fundamentals
Neutral
12 hours ago
Solana gains traction as tokenized equities and CLOs move on-chain despite SOL price weakness

Solana gains traction as tokenized equities and CLOs move on-chain despite SOL price weakness

Solana is becoming a key platform for tokenized assets, with over 200 tokenized stocks, ETFs, and CLOs launched on its network by players like Exodus Markets and Securitize. This integration of traditional financial assets onto blockchain infrastruct...

Protocol Fundamentals
Neutral
13 hours ago
Solana price pressured by ongoing FTX-linked token sales despite steady network use.

Solana price pressured by ongoing FTX-linked token sales despite steady network use.

Solana's price remains under pressure as FTX-linked wallets continue unstaking and moving large amounts of SOL tokens to exchanges, creating persistent sell pressure. Despite this, network activity and trading volume remain steady, with SOL up 10.31%...

Market News
Bearish
18 hours ago
Solana rises 3.38% to $67.73 amid tokenized SpaceX shares launch and bullish signals.

Solana rises 3.38% to $67.73 amid tokenized SpaceX shares launch and bullish signals.

Solana (SOL) gained 3.38%, reaching $67.73, pushing weekly gains above 4% after recovering from a 36% drop since May. A new tokenized SpaceX equity product (SPCX) launched on Solana, enhancing its real-world asset platform appeal. Analysts note SOL i...

Market News
Bullish
18 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App