Solana Surges Past XRP in ETF Inflows as Price Breaks Through $100
Solana (SOL) has surged ahead of XRP in terms of ETF inflows, with daily net inflows reaching $20 million. This is a significant milestone for SOL, which has been gaining traction among institutional investors.
According to recent fund-flow data, Solana products recorded approximately $33.49 million in one-day net inflows, while XRP only saw about $13.82 million. This puts SOL ahead by around $19.67 million.
However, the longer-term data paint a more nuanced picture. Over time, XRP ETFs have accumulated around $1.57 billion in cumulative net inflows, compared to Solana's $1.22 billion. Additionally, XRP has about $1.44 billion in ETF net assets, whereas SOL has around $1.21 billion.
Solana's recent price movement is also noteworthy. The asset broke through its major moving averages and shot up from the mid-$70 range to around $100. It is currently trying to establish itself above the psychologically significant $100 threshold after clearing the long-term average at $89.45.