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Crypto

Bitcoin and Solana: Two Paths to Higher Prices

Guavy AI Editorial Team
Instruments
BTC SOL
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Bitcoin and Solana are both experiencing price increases, but at different rates. According to CoinMarketCap, Bitcoin has crossed $80,000, while Solana has moved to $100.57.

The resurgence of US spot ETF demand for Bitcoin occurred concurrently with its rally. Farside Investors data reported combined Bitcoin ETF inflows on August 24 reached $208.9 million, following around $1.6 billion of inflows the previous week.

Solana is also seeing institutional demand, with U.S. spot Solana (ETFs seeing around $14.59 million of net inflow on August 21 and $1.15 billion worth of net inflows total. This suggests longer-term institutional access to SOL.

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