Ethereum

Solana

2024

Step Finance

Bitcoin

<h4><strong>This remarkable surge has culminated in a substantial $13.4 million inflow into Solana Exchange Traded Products (ETPs) in just the last week alone. </strong></h4> 
<p>This development in Solana is not only a testament to Solana’s burgeoning appeal among investors. But, also highlights the growing confidence in its technological capabilities and future potential.</p> 
<h5><strong>Solana Eclipses Ethereum with Unprecedented ETP Growth</strong></h5> 
<p>Solana, known for its high throughput and low transaction fees, has increasingly become a favored blockchain for developers and investors alike. So, while Solana is basking in the glow of investor interest, Ethereum has faced a contrasting scenario. It is experiencing an outflow of $6.4 million in the same period.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> BREAKING: <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a> witnessed an impressive 346% growth, attracting a $13.4 million inflow into Solana ETPs funds last week. </p> 
 <p>Meanwhile, Ethereum experienced an outflow of $6.4 million. <a href="https://t.co/JEqzqAN21g">pic.twitter.com/JEqzqAN21g</a></p> 
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1754497687788114094?ref_src=twsrc%5Etfw">February 5, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This divergence in investment flows between Solana and <a href="https://www.altcoinbuzz.io/?s=ethereum" target="_blank" rel="noopener">Ethereum</a> underscores a broader trend in the cryptocurrency market. Solana’s recent growth spurt and the influx of funds into its ETPs suggest that it is increasingly being viewed as a viable and attractive alternative to Ethereum. Especially for those looking to capitalize on the next wave of blockchain technology.</p> 
<p>Last week’s major inflow into Solana ETPs signals a shift in crypto investment trends. ETPs provide a regulated way to invest in cryptocurrencies without direct asset ownership, gaining popularity.</p> 
<p>Investors are recalibrating their <a href="https://www.altcoinbuzz.io/?s=portfolio" target="_blank" rel="noopener">portfolios</a>, betting on Solana’s technology and potential for future growth. This reflects the volatile crypto world, where underdogs can quickly become leaders.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
<div class="youtube-embed" data-video_id="ueP12O8ltgY">
 <iframe title="Our Top 3 Altcoins in Arbitrum's ARB Ecosystem" width="696" height="392" src="https://www.youtube.com/embed/ueP12O8ltgY?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div> 
<p><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/solanas-346-growth-13-4m-etp-inflow/">Solana’s 346% Growth: $13.4M ETP Inflow</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Solana’s 346% Growth: $13.4M ETP Inflow

Altcoin Buzz

2024년 2월 5일에 게재된 다른 기사

Top Meme Coin Surges 13% In A Week As Investors Gear Up for 11 PM Sponge V2 Bridging Deadline – S...

Cardano (ADA) Gears Up for Growth with Cardano Foundation’s Development Plan – Pullix (PLX) Poise...

Capcom’s Resident Evil Franchise: A Future Unveiled

The NFT Market Starts The New Week Up 25% – Is The NFT Bull Run Coming Back Again?

Craig Wright Faces ‘Industrial Forgery’ Claims in COPA Bitcoin Trial

ProBit Global Marks Gaming Milestone, Lists GameGPT’s DUELTOKEN

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!