Solana Overtakes XRP on ETF Market

Solana's (SOL) ETF market has seen significant growth, surpassing XRP in daily inflows of $20 million. In contrast to XRP's $13.82 million net inflows, Solana products recorded roughly $33.49 million. This gives Solana an advantage of about $19.67 million over XRP for the session.

However, longer-term data paints a more nuanced picture. Solana has accumulated $1.22 billion in cumulative net inflows, while XRP ETFs have amassed $1.57 billion. Additionally, XRP's ETF net assets currently stand at around $1.44 billion, compared to Solana's $1.21 billion.

Despite this, Solana's price movement has been impressive, breaking through its major moving averages and rising from the mid-$70 range to about $100. It is attempting to establish itself above the psychologically significant $100 threshold after clearing the long-term average at $89.45.