Solana Company shares rose 14% to close at $2.21 as investors reacted to an institutional lending framework that unlocks liquidity from natively staked SOL. HSDT advanced from near $1.90 to about $2.35 before easing, with after-hours quotes at $2.34. The model links Anchorage Digital and Kamino to enable custody-based borrowing while preserving staking rewards.

21Shares confirmed a $0.316871-per-share staking distribution for its Solana ETF (TSOL), with the ex- and record date on February 13, 2026 and payment on February 17, 2026. SOL traded at $85.06 after a 9.04% daily gain but remained down 2.36% for the week, as volume exceeded $4.1 billion and analysts flagged $89.5–$102 upside with $80–$81.5 support.

Alameda Research's estate has distributed $15.6 million in SOL to creditors as part of its ongoing 21-month repayment process while still holding nearly $314.95 million on-chain. Solana trades around $77.41, down about 70% from its January peak, with chart analysts highlighting a confirmed head and shoulders breakdown that could open the way toward the $50–$60 region if support near $78 fails.

Upexi recorded an estimated $179 million net loss in the fourth quarter of 2025 as weaker crypto prices hit its Solana-heavy reserves, yet the firm still added 106,000 SOL and finished the year with more than 2 million tokens. Around 95% of its SOL stack is staked, while the company bolstered liquidity with a $36 million Solana-backed convertible note and a $7.4 million direct offering. Over the same period, Solana's price slid toward key technical support around $78–$79 after breaking down from higher levels.

Solana extended its slide as more than $300 million in long positions were liquidated, while selling pressure remained dominant around resistance areas. At the time of writing, SOL traded at $83.98, down 6.63% on the day and 27.9% over seven days, with volume above $15.46 billion pointing to active participation during the drop.

On Feb. 5, U.S. spot crypto ETFs showed diverging flows, with Bitcoin products losing $434 million and Ethereum funds seeing $80.79 million in outflows, while Solana spot ETFs attracted $2.82 million. Over the past week, Solana’s network processed more than $31 billion in DEX spot trading volume even as SOL fell to $81.12, down 10.15% on the day and 29.70% over seven days, leaving analysts divided on whether a longer-term path toward $1,000 by 2030 is feasible.

Solana slipped below $105, with SOL trading at $102.91 after a 15.90% weekly drop. CoinShares said in a weekly update that crypto investment products saw $1.7 billion of outflows, turning year-to-date flows to a $1 billion global outflow. Flows were led by $1.65 billion from the US, while short Bitcoin products drew $14.5 million.

On January 29, 2026, 21Shares listed the Jito Staked SOL ETP (JSOL) on Euronext Amsterdam and Paris, offering Solana exposure with liquid staking yield and a 0.99% TER. The product tracks JitoSOL and is tradable in USD and EUR, while analysts highlight resistance near $140 and $180 with potential targets up to $250.

Solana's validator set has contracted from around 2,500 nodes to fewer than 800, intensifying worries that stake is concentrating in large zero-fee operators. Many smaller validators report that reduced stake-pool income and a roughly 50% drop in foundation matching have pushed their operations into sustained losses, while SOL's price remains range-bound around $125.97 with key levels between $120 and $150 in focus.