Last week Cardano (ADA) recorded an inflow in the market of $ 16.4 million, placing this asset in second place compared to other altcoins, after Ethereum.
Followed by Solana which received inflows of $ 9.8 million, Polkadot (5.2 million), Ripple ($ 3.1 million), and other assets ($ 0.4 million).
However, Tron lamented the lowest inflow record, -$ 1.0 million.
At the same time, Ethereum managed to record an inflow of $ 17.3 million, along with the latest record for assets under management (AUM) hitting over $ 21 billion for the first time.
The remarkable inflow in most altcoins, especially platforms that support smart contracts shows institutional investors placing positive expectations on the future of this crypto technology.
As usual Bitcoin still remains ahead of the record for highest inflows, valued at $ 98 million. AUM Bitcoin also leads most cryptocurrencies with a total volume, $ 56 billion.
The performance of these assets was driven by trading activity in ETF funds that were approved by the SEC a few weeks ago.
The cumulative volume for the entire market stated carries a value of $ 151 million, marking an inflow for the 13th consecutive week.
