In the context of the market's pessimistic sentiment towards the mid-term trend, Solana Whales are actively building a position.

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In the past week, Solana whales have actively absorbed a net inflow of $421 million, bringing their year-to-date investment to $3.2 billion and total assets under management to $4.76 billion. This wave of capital inflow was primarily driven by the spot ETF craze and market expectations of the Fed's quantitative easing policy in December, with its growth rate exceeding that of Ethereum and XRP, which saw inflows of $57.6 million and $43.2 million, respectively. Meanwhile, Bitcoin recorded an outflow of $946 million. The growth momentum of the Solana ecosystem is strong, with a total value locked of over $10 billion, and the market capitalization of stablecoins reaching $14.5 billion. Coupled with the robustness of its network, this has supported bullish market sentiment, and the SOL/USD currency pair is currently testing the key support level above $164.

SOL-6.64%
ETH-10.02%
XRP-4.16%
BTC-4.97%
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