Solana’s slump hasn’t scared off Franklin Templeton investors, as the Franklin Solana ETF, SOEZ, drew $728,850 in fresh capital on February 23, 2026. The new inflow lifted the fund’s assets under management to $6.69 million, with the one-day move equal to nearly 10.9% of AUM, underscoring outsized conviction in a still-nascent crypto vehicle.
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The related asset, SOL-USD, is currently trading at $78.37 after shedding roughly 40.3% over the past three months, a drawdown that would typically dampen risk appetite. Even so, the coin’s 1-day technical stance sits at a cautious Hold, suggesting traders are waiting for clearer signals before betting on either a deeper slide or a rebound.
The juxtaposition of heavy ETF inflows with weak spot performance hints that investors may be using SOEZ as a strategic entry point after the correction, rather than capitulating. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.