SOL’s bull case is supported by a rising TVL and DEX activity, along with strong institutional demand and investors’ hope for spot ETF approvals.
Key takeaways:
Solana ETFs and ETPs recorded $706 million in weekly inflows, outpacing XRP’s $219 million, per CoinShares.
SOL funding rates stayed below the 6% neutral level, signaling reduced appetite for leveraged bullish positions among traders.
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