
Tags: SOL
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The outflows witnessed by short-Bitcoin products indicated reduced trader confidence in a Bitcoin price decline.
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Spot volume on exchanges dropped 80% after December 2024 highs, showing a lack of market appetite for ETH.
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XRP ended an 80-week inflow streak despite strong overall digital asset performance.
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While sentiment recovered in Ethereum, Solana saw $0.89 million in outflows over the past week.
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Unichain has witnessed over a 3,000% increase in its active addresses over the past 30 days.
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Ethereum is likely to perform better than Solana during this bull market, according to the BiMEX co-founder.
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Solana, Nexplace, USDT, and Chainlink, among others, are trending due to their recent growth, development, and institutional adoption.
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BNB Chain’s $3.22B DEX volume marks its best day in three months, despite still trailing far behind its $12.99B all-time high.
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While BTC grabbed $867 million of last week’s $882 million crypto inflows, ETH struggled with just $1.5 million despite a recent price surge.
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Only 97,000 of 7 million analyzed Solana tokens maintained $1,000+ liquidity, showing how few survive the initial pump phase.
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