Solana News Today: Ethereum Falls 4% as Macro Data Weigh on Crypto Market Altcoins Gain Momentum Amid Record TVL and ETF Inflows

The cryptocurrency market has experienced a notable correction in Q3 2025, with Ethereum (ETH), TAO, and Solana (SOL) under pressure amid shifting macroeconomic signals. Following disappointing Producer Price Index (PPI) data and a dip in consumer sentiment, the market’s risk appetite has weakened, prompting price declines across several major assets [1]. ETH has fallen below $4,500, marking a 4% daily loss, while maintaining relative stability against Bitcoin (BTC), which remains near the 0.038 ETHBTC level [2]. Analysts note that a breach of the $4,700 threshold could trigger further sell-off activity, given its historical significance as a psychological and technical barrier [3].

TAO is currently consolidating within a triangular range, with Mags highlighting potential for a breakout if the upper resistance at $1,100 is surpassed. The analyst has already positioned for the asset within the current range, signaling cautious optimism [4]. Meanwhile, Kyle’s assessment of Solana suggests underlying momentum, with the altcoin’s ecosystem showing signs of strength, including a record $30 billion in total value locked (TVL) and a first-of-its-kind U.S. staking ETF for SOL breaking records [5]. These factors may provide support for SOL as it approaches the $200 level [6].

The broader market context reveals growing interest in altcoins, with the altcoin season index rising 270% and the market cap outside Bitcoin reaching $1.65 trillion—its highest since 2021 [7]. While Bitcoin still dominates at 59% market share, its dominance has decreased from 65% over the past two months, indicating a shift toward diversified portfolio allocations [8]. Institutional investors are increasingly allocating capital to altcoins, with ETH outperforming BTC by 58% over the past month and Solana showing strong whale accumulation [9]. This trend suggests that the market may be entering a more balanced phase, where altcoins play a larger role in shaping overall performance.

Moving forward, the market’s focus will remain on macroeconomic signals, including the U.S. Federal Reserve’s potential rate cut and the continued inflow into spot ETFs. These developments are expected to influence investor sentiment and liquidity flow, with Ethereum and Solana positioned to benefit from institutional adoption and technical setups. However, caution is warranted as inflow patterns suggest that Ethereum could face short-term volatility, while Solana remains in a mixed consolidation phase [10].

Source:

[1] https://ambcrypto.com/bitcoin-vs-altcoins-where-will-q3-crypto-gains-come-from/

[2] https://coindoo.com/after-record-high-bitcoin-faces-choice-between-new-highs-or-altseason/

[3] https://www.mitrade.com/au/insights/news/live-news/article-3-1038630-20250814

[4] https://coinmarketcap.com/community/articles/689ca4e5c1cb3a631c803637/

[5] https://www.interactivecrypto.com/solana-could-skyrocket-to-300-by-2026heres-what-you-need-to-know

[6] https://coindoo.com/why-cold-wallets-5-91m-presale-2m-users-4900-roi-projection-may-outpace-cardano-dogecoin-in-q3/

[7] https://coinmarketcap.com/community/articles/689f5142****5303f8990e0d/

[8] https://www.ainvest.com/news/ethereum-news-today-leading-altcoins-gain-momentum-bitcoin-surge-growing-institutional-interest-2508/

[9] https://coindcx.com/blog/crypto-deep-dives/crypto-bull-run-2025