Solana (SOL) Sustains Second Week of Inflows as Blockchain Sentiment Improves According to CoinShares data, digital asset investment products saw $117 million inflows last week, the largest since July 2022, while total assets under management (AuM) have risen to $28 billion, up 43% from their November 2022 lows. While the focus seemed to be almost entirely on Bitcoin, which saw $116 million in inflows last week, altcoins such as Solana saw inflows as well. Solana is sustaining its second week of inflows as sentiment around its blockchain has generally improved. Solana investment products saw inflows of $1.1 million in the past week, surpassing those of the previous week, where inflows of $0.1 million were recorded. Solana saw a remarkable rebound after declining over 42% in the wake of the FTX implosion. Once dubbed an "Ethereum killer," Solana was once the darling of FTX co-founder Sam Bankman-Fried. In late December 2022, Solana's token price steadily declined before plunging by as much as 20% on Dec. 29. Following Ethereum founder Vitalik Buterin's support tweet, SOL's price has more than tripled since then. Read more on U.Today https://u.today/solana-sol-sustains-second-week-of-inflows-as-blockchain-sentiment-improves
Solana (SOL) Sustains Second Week of Inflows as Blockchain Sentiment Improves According to CoinShares data, digital asset investment products saw $117 million inflows last week, the largest since July 2022, while total assets under management (AuM) have risen to $28 billion, up 43% from their November 2022 lows. While the focus seemed to be almost entirely on Bitcoin, which saw $116 million in inflows last week, altcoins such as Solana saw inflows as well. Solana is sustaining its second week of inflows as sentiment around its blockchain has generally improved. Solana investment products...

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