Solana ETFs post $8.8 million daily inflow, the strongest since May 12

1 min read
Solana ETFs post $8.8 million daily inflow, the strongest since May 12
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Topics in article

Solana ETFs pulled in $8.8 million in net inflows over a single day, their strongest daily total since May 12. The rebound follows several months of limited activity and comes alongside continued growth across Solana's ecosystem, even as SOL's price has stayed largely flat.

Solana ETFs recorded $8.8 million in net inflows in a single day. That is their strongest daily inflow since May 12, following several months of limited activity. The renewed demand arrives as Solana's broader ecosystem keeps expanding on several fronts at once.

Real-world asset value, stablecoin supply, tokenized equity trading, and perpetuals activity have all reached notable levels in recent months. Those gains have come even as SOL's own price has remained relatively flat over the same stretch.

Network development is also moving forward on multiple fronts. Alpenglow is targeting faster transaction finality, while Agave 4.2 is moving toward mainnet adoption. Access to tokenized equities through Solana-based infrastructure is expanding as well.

Source: Coinpedia Fintech News

Trading involves risk.

Most traded markets

XAU / USD
-0.9% 4,127.61
BRENT
+1.35% 73.620
BTC / USD
+0.7% 63,151.2
EUR / USD
-0.12% 1.14269
USTEC
-0.91% 29,428.7
XAU / USD.24
-0.9% 4,127.61
View all markets

Author

PrimeXBT
Our Editorial Team consists of leading experts with a proven record in the fields of trading, cryptocurrencies, blockchain and finance. We thoroughly research the sources of information in order to provide readers with quality content that serves edu...
Read author’s articles
Alert Triangle Risk Disclaimer
Disclaimer: Some past publications may be outdated. We recommend following our news to stay up to date with the latest information. For any questions, feel free to contact our support team via the chat below.
The content provided here is for informational purposes only. It is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Today in markets

Browse Crypto News

Register Now

Trading involves risk

Get started in minutes

Our clients love how fast and simple our sign-up is. It takes just a few minutes to get started!

Get Started Get Started
Get started in minutes

Need Help?

Risk Warning:
Trading in leveraged products carries a high level of risk and may not be suitable for all investors.