Solana Surges Past XRP in ETF Inflows
Solana has surpassed XRP in terms of daily inflows on the ETF market, with about $20 million more invested in Solana products. According to recent fund-flow data, this is a significant milestone for Solana, indicating growing demand among institutional investors.
In contrast to XRP's one-day net inflows of $13.82 million, Solana products recorded roughly $33.49 million. This puts SOL ahead by about $19.67 million in the session.
The longer-term data paint a more nuanced picture, however. Solana has about $1.22 billion in cumulative net inflows, whereas XRP ETFs have amassed about $1.57 billion. Additionally, compared to Solana's $1.21 billion in ETF net assets, XRP has about $1.44 billion.
Solana's price movement is also notable, having broken through its major moving averages and shot up from the mid-$70 range to around $100. The asset is currently trying to establish itself above the psychologically significant $100 threshold after clearing the long-term average at $89.45.