Key Takeaways
- • Morgan Stanley's Solana fund (MSOL) took in about $585,000 on October 21, its first inflow after daily outflows that began October 5, according to 24/7 Wall St. and Farside.
- • Despite the inflow, MSOL lost $33.5 million over seven days, per Farside, and total net inflows into US Solana funds slipped from $1.61 billion on October 2 to $1.55 billion, per 24/7 Wall St.
- • SOL traded at $104.42 on CoinMarketCap, down 2.36% in 24 hours and 64.65% below its $294.33 high, with analysts naming $106.76 (50-day EMA) and $110 as near-term resistance.
- • The article is a sponsored promotion for the Pepeto presale, a meme coin whose marketing claims are not independently verified and should be treated as promotional content rather than market analysis.
Summary
Morgan Stanley's Solana fund, MSOL, recorded its first net inflow in roughly two weeks, taking in about $585,000 on October 21, according to 24/7 Wall St. The inflow followed a run of daily outflows that began October 5, per Farside. The fund still lost $33.5 million over the seven-day period, Farside data shows, and total net inflows into US Solana funds declined from $1.61 billion on October 2 to $1.55 billion, per 24/7 Wall St. Analysts noted that a single positive day does not reverse a trend, and the coming sessions will indicate whether the inflow holds.
Solana itself was trading at $104.42 at the time of reporting, down 2.36% over 24 hours on CoinMarketCap and 64.65% below its $294.33 high. Vishal Dixit of FXStreet identified the 50-day EMA at $106.76 as the first technical hurdle, with the 200-day EMA at $98.71 acting as a floor and a daily RSI near 43 indicating that sellers still held the advantage. Sam Daodu of 24/7 Wall St. cited $110, where the 20-day and 50-day averages converge, as the key level for the week, with support at $100 to $100.32 and then $95. Both writers flagged $122 as a level for a sustained recovery later in the month, while a break below $98.71 could point toward $83.50, per FXStreet.
The article also contains a substantial promotional component for Pepeto, a presale meme coin, describing a 42-check token scanner, a staking yield of 160% APY, and more than $11.2 million raised before listing. These claims originate from the promoter's marketing material and are not independently verified; the article itself notes that projected 100x returns carry no guarantee. Readers should weigh this material accordingly and treat it separately from the institutional flow data on MSOL.
Solana itself was trading at $104.42 at the time of reporting, down 2.36% over 24 hours on CoinMarketCap and 64.65% below its $294.33 high. Vishal Dixit of FXStreet identified the 50-day EMA at $106.76 as the first technical hurdle, with the 200-day EMA at $98.71 acting as a floor and a daily RSI near 43 indicating that sellers still held the advantage. Sam Daodu of 24/7 Wall St. cited $110, where the 20-day and 50-day averages converge, as the key level for the week, with support at $100 to $100.32 and then $95. Both writers flagged $122 as a level for a sustained recovery later in the month, while a break below $98.71 could point toward $83.50, per FXStreet.
The article also contains a substantial promotional component for Pepeto, a presale meme coin, describing a 42-check token scanner, a staking yield of 160% APY, and more than $11.2 million raised before listing. These claims originate from the promoter's marketing material and are not independently verified; the article itself notes that projected 100x returns carry no guarantee. Readers should weigh this material accordingly and treat it separately from the institutional flow data on MSOL.
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