Solana's current price is very bleak,


Since the launch of the spot ETF, the price has fallen by 57%.
According to common sense, with this kind of trend, new ETFs would have already cooled off,
But SOL not only attracted a net inflow of 1.5 billion USD,
It also barely experienced any redemptions.
Even more outrageous,
About half of the funds come from institutions listed in 13F reports,
Not retail investor sentiment, but "serious money."
In plain language:
The price is like a roller coaster,
But the chips are quietly changing hands on Wall Street.
If calculated based on market cap,
This wave is equivalent to the net inflow of 54 billion USD for Bitcoin back in the day,
And it was achieved against the backdrop of a 57% decline,
This has a bit of a "game-changing" feel to it.
SOL-2.58%
BTC-2.85%
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