Solana (SOL) Records Highest Investment Inflow, Over $ 49 Million! - Kakiforex.com - Financial Market Media No. 1 in the World Solana (SOL) Records Highest Investment Inflow, Over $ 49 Million! Solana (SOL) Records Highest Investment Inflow, Over $ 49 Million!
InstaForex

September 14, 2021

Solana (SOL) Records Highest Investment Inflow, Over $ 49 Million!

 Solana (SOL) remains the focus of institutional investors with a record inflow last week of 86.6% or $ 49.4 million for the Sept. 6 to 10 period as SOL prices rose 36%.


Indirectly, Solana’s record under management (AUM) rose to $ 97 million, becoming the 5th largest investment product after Bitcoin (~ $ 37 billion), Ethereum (~ $ 14 billion), multi-asset (~ 3 billion), and Binance ($ 437 million).


For information, the cumulative amount of all crypto investment products reached a value of $ 57.2 million in the same week.



Based on observations, volume in investment products has increased by 143% since a record low in early July to a value level of $ 3.8 billion.


In addition to Solana, Bitcoin (BTC) posted an unsatisfactory record, with inflows totaling $ 200,000 and Ethereum (ETH) saw an outflow of $ 6.3 million as asset prices fell 10% throughout the week.


Not sure where the mistake was, Cardano (ADA) set a dismal record with low inflows, 46% over the previous week.


For multi-assets, including Ripple (XRP), Polkadot (DOT), and Bitcoin Cash (BCH) saw inflows of $ 3.2 million, $ 3.1 million, $ 1.7 million, and $ 600,000, respectively.