Solana Surges Past XRP in ETF Inflows Amid Price Rally
Solana has taken over XRP in terms of ETF inflows, according to recent data. Solana's daily net inflow was $33.49 million, surpassing XRP's $13.82 million.
This indicates a strong short-term interest in Solana among institutional investors, but the cumulative picture is different. Solana has gathered around $1.22 billion in ETF inflows, while XRP has attracted $1.57 billion.
The price of Solana has also been on the rise, breaking above key moving averages and reaching towards a psychological resistance level of $100. Trading volume increased sharply during this period, but overheating signals are growing, with Solana's daily relative strength index reaching 87, entering overbought territory.