Solana Founder Names Most Important Focus Amid SOL Price Crash

Solana (SOL) is one of the first cryptocurrencies to be hit by the ongoing market liquidations. Solana’s crypto rose more than 8.7% in the last 24 hours and more than 20% in the past week.

The founder of Solana changes the focus from the price

In the middle of the current price decrease, the founder of Solana Anatoly Yakovenko has called the most important focus for the blockchain.

Yakovenko urged developers to stop looking at red candles and build things people actually use. To the founder of Solana, the price is a lagging indicator, while the code is the first.

“The number one thing to focus on right now is shipping great products,” Yakovenko wrote in an X post.

His comment is in response to a post by Raydium, a decentralized exchange (DEX) and automated market (AMM) built on Solana.

In his post, Radium shared a quick morale booster with the Solana enthusiasts who are still holding their pockets despite the recent price crash.

“Choutout to all of the Solana bulls,” the Radium team wrote.

While Radium sends love to Solana’s bulls, Yakovenko encourages the launch of products that make the bear market irrelevant.

Interestingly, his comments come shortly after Western Union revealed the plans introducing a stablecoin based on Solana. The new product, called “US Dollar Payment Token” (USDPT), will be launched next year.

Solana’s ETFs are seeing robust flows

In addition, the drop in the price of SOL occurred immediately after the first place US Solana ETFs launched in the United States

According to Farside Investors date, Solana spot exchange-traded funds (ETFs) effectively pulled in $ 70 million of inflows on November 3, 2025.

The Bitwise Solana ETF (BSOL) saw the highest outflow of $65.2 million, while Grayscale’s Solana ETF (GSOL) followed with $4.9 million.

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This marks a daily record, signaling strong investor demand for Solana-based investment products.

Thus, the SOL price decline reflects broader market jitters, possibly influenced by macroeconomic factors, including interest rates.

In particular, SOL ETFs began trading on October 28, after the US Securities and Exchange Commission (SEC) gave permission.

In its first week of trading, the The ETF attracted nearly $200 million in inflowsaccording to a U.Today report. If this momentum continues this week, the SOL price could recover from its lows and climb to new highs.