Solana (SOL) has surged jaw-dropping 1,966% in fund inflows, sparking discussions about potential for Solana ET
has experienced an unprecedented surge of 1,966% in fund inflows in the past week, firmly establishing itself as a standout leader in alternative cryptocurrency-focused investment products over the past week. , a substantial $5.9 million was directed toward SOL-related products within this short time frame.
Contrary to this notable uptrend in SOL, the broader market landscape paints a different picture. While investment products for digital assets witnessed a commendable $130 million inflow, volumes for ETPs experienced a significant decline, dropping from April's $17 billion to $8 billion. This trend suggests a diminishing involvement of ETP investors in the cryptocurrency ecosystem, now constituting only 22% of the total volume on global reputable exchanges.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Dutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 Discussion
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