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Morgan Stanley Files MSOL ETF, Goldman Exits & SOL at $72 | Jun 20-21
Audio is available on Spreaker — see link below.
Morgan Stanley filed for a spot Solana ETF (ticker: MSOL) while Goldman Sachs liquidated its $108M SOL position — institutional signals are splitting, not consolidating. SOL holds near $72 with exchange inflows rising and on-chain app revenue hitting $2.8M, ranking Solana first globally.
Audio is available on Spreaker — see link below.
Morgan Stanley filed for a U.S. spot Solana ETF on June twentieth. Ticker: MSOL.
What makes the Morgan Stanley story more complicated is what Goldman Sachs just did. Goldman fully liquidated its one hundred and eight million dollar spot SOL ETF position.
SOL is trading near seventy-two to seventy-three dollars. The immediate resistance level is eighty-two.
Set the price action aside for a moment, because the on-chain picture tells a different story. Solana's ecosystem surpassed both Coinbase and Kraken in daily spot trading volume on June twentieth, now trailing only Binance and Bybit globally.
The divergence worth tracking is this: on-chain transaction volumes are healthy and rising, but social engagement and creator activity have both declined. That's a bearish-bullish split that doesn't resolve cleanly.
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