Solana (SOL) Overtakes XRP With $20 Million Upside on ETF Market
Solana has significantly outperformed XRP on the ETF market. Daily inflows of about $20 million, according to the most recent fund-flow data, certainly reflect the growing demand among institutional investors. Two breakthrough, but different magnitude As both assets attempt significant technical breakouts, the difference between them is certainly growing. In contrast to XRP, which only recorded $13.82 million in one-day net inflows, Solana products recorded roughly $33.49 million, according to the ETF data provided. XRP/USDT Chart by TradingView For the session, that puts SOL ahead by about $19.67 million. However, the longer-term data paint a more nuanced picture. Solana has about $1.22 billion in cumulative net inflows, whereas XRP ETFs have amassed about $1.57 billion. Additionally, compared to Solanas $1.21 billion in ETF net assets, XRP has about $1.44 billion. Consequently, rather than winning the entire ETF race, Solana is winning the most recent round. Nevertheless, given SOLs price movement, current demand seems especially pertinent. Solana broke through its major moving averages and shot up from the mid-$70 range to about $100. Most significantly, SOL is currently trying to establish itself above the psychologically significant $100 threshold after clearing the long-term average at $89.45. During the breakout, volume increased significantly, lending the move more legitimacy. Is Solana