Bitcoin ETFs Flooded, Solana Proposals Could Cut SOL Issuance by Millions
The Bitcoin spot ETFs have seen a significant influx of funds, with a total net inflow of $730.87 million yesterday. BlackRock's IBIT led the way, with a daily net inflow of $453.96 million and a total historical net inflow of $63.94 billion.
Solana validators have been considering two governance proposals that could reduce future SOL issuance by accelerating disinflation and increasing the amount of network fees permanently burned.
Zcash has seen a 16% increase, rising from the low-$800s to nearly $953. This recent peak now serves as an immediate resistance point, with a clean break above it putting the psychological $1,000 mark firmly in focus.