Daily News 19

Tag: Solana ETF

  • Solana (SOL) ETF Beats XRP by an Unexpected 300%

    Solana (SOL) ETF Beats XRP by an Unexpected 300%

    Solana ETF Funds Surpass XRP in Net Assets

    Solana’s institutional investment products are gaining ground against XRP, with Solana funds now holding $1.93 billion in net assets compared with $1.68 billion for $XRP. Solana also has nine ETFs available, while $XRP has five.

    The shift is notable because XRP still has the larger market capitalization. $XRP is valued at $95.47 billion, compared with $70.69 billion for $SOL. However, Solana products account for 2.72% of the token’s market capitalization, significantly above XRP’s 1.76%. Daily value traded also favors Solana, at $90.43 million versus $39.37 million for $XRP.

    Solana Price Action Signals Continued Strength

    Market demand is also reflected in Solana’s price performance. $SOL moved decisively above its 200-day moving average near $95 after climbing from the $75 area in early August to approximately $119.81. The token recorded higher highs in September, reaching a local peak near $125.

    Solana’s 50-day moving average is pulling away from its 200-day moving average. Both averages are rising and arranged in a bullish stack, a technical pattern that indicates sustained upward momentum. However, the latest candles show some cooling after the move toward $125, accompanied by declining volume.

    Solana Is Strong but Not Heavily Overbought

    The relative strength index remains comfortably near 60 rather than in an extreme overbought range. This suggests that Solana has room for additional gains without immediately entering heavily overbought territory. The recent pullback from $125 provides further evidence that momentum has moderated without eliminating the broader bullish trend.

    Recent ETF Momentum Favors Solana

    Institutional appetite is currently leaning toward Solana, and ETF flows are often used as a proxy for institutional demand. XRP continues to lead in cumulative inflows, but the more recent momentum has clearly shifted toward $SOL.

    The gap in assets under management and market share could widen if $SOL holds support at $110 and inflows continue at the current rate. Solana’s ETF footprint remains modest compared with Bitcoin’s $107.82 billion and Ethereum’s $17.69 billion, but its trajectory is the more important factor in this comparison.

    Why This Matters

    Solana’s higher ETF net assets, larger number of available funds and stronger recent trading momentum indicate growing institutional participation in the network’s investment products. Although XRP retains the lead in cumulative inflows and has a larger market capitalization, Solana is currently gaining ground in the measures tied to product adoption and recent demand.

    The next indicators to watch are whether $SOL can maintain support at $110, whether ETF inflows remain elevated and whether the token’s bullish moving-average structure persists. These factors will determine whether Solana’s recent advantage develops into a broader and sustained shift in institutional demand.

    Frequently Asked Questions

    How much do Solana and XRP funds hold?

    Solana funds hold $1.93 billion in net assets, while $XRP funds hold $1.68 billion.

    How many ETFs are available for Solana and XRP?

    Solana has nine ETFs available, compared with five for $XRP.

    Is Solana currently overbought?

    Solana’s RSI is near 60, which is below an extreme overbought level. Recent price action has shown a pullback from about $125 and fading volume, leaving room for further upside according to the reported technical indicators.

  • Bitwise Acquires $107 Million in Solana Over 20 Days

    Bitwise Acquires $107 Million in Solana Over 20 Days

    Bitwise Accumulates $107.4 Million in SOL as Solana ETF Inflows Persist

    Leading asset management firm Bitwise has significantly increased its Solana position, acquiring $107.4 million worth of SOL tokens despite sluggish momentum in the broader Solana ETF market. The substantial purchase, identified through on-chain analytics platform Arkham Intelligence, coincides with a month of consistent capital inflows into the firm’s Solana investment product.

    Institutional Investors Leverage Price Weakness

    Amid ongoing volatility across the cryptocurrency market, institutional investors appear to be treating the recent decline in Solana’s price as a strategic entry point. The data reveals that Bitwise executed the large-scale accumulation after its Solana ETF recorded steady, modest inflows across 20 consecutive trading sessions. During this period, only two sessions registered outflows, indicating sustained positive demand for the fund on the vast majority of trading days.

    Holdings Approach $1 Billion Milestone

    This latest acquisition has propelled Bitwise’s total Solana holdings toward a historic threshold. As of Thursday, September 10, the firm holds over 9,030,000 SOL. Based on a current market price of approximately $101 per token, the portfolio is valued at roughly $918 million. At the current accumulation rate, Bitwise is on track to surpass $1 billion in Solana assets under management in the near term, underscoring growing institutional conviction in the Solana ecosystem.

  • XRP ETF Leads as Sole Spot Crypto Product With Inflows, Outpacing Solana, Hyperliquid, Bitcoin ETFs

    XRP ETF Leads as Sole Spot Crypto Product With Inflows, Outpacing Solana, Hyperliquid, Bitcoin ETFs

    XRP Leads Daily Spot ETF Inflows as Bitcoin, Ethereum, Solana See Outflows

    Among major cryptocurrency assets, XRP posted the strongest daily exchange-traded fund (ETF) flow result on September 8, emerging as the only significant spot crypto ETF category to attract fresh investment. Bitcoin, Ethereum, Solana, and Hyperliquid products all recorded net withdrawals during the same session.

    XRP ETFs Draw $1.55M in Net Inflows

    According to the latest spot ETF data from Sosovalue, XRP products registered net inflows of approximately $1.55 million on September 8. While modest in absolute terms, the figure stands out against a backdrop of outflows across rival assets.

    • Bitcoin ETFs snapped a three-day inflow streak with net outflows of $46.65 million.
    • Ethereum spot products saw $24.29 million in withdrawals.
    • Hyperliquid ETFs experienced $12.96 million in outflows.
    • Solana reported a smaller outflow of $667,720.

    As a result, XRP was the sole asset among these five to post positive daily flows.

    Cumulative XRP ETF Metrics Remain Strong

    The broader picture for XRP funds remains constructive. Five U.S. spot XRP ETFs now hold combined net assets of roughly $1.51 billion, with cumulative net inflows of about $1.69 billion. In just the past 30 days, XRP products have attracted approximately $173 million in new capital.

    Price Action: XRP Holds Above Key Moving Average

    The flow divergence becomes especially notable when viewed against underlying price action. Following a significant August breakout, XRP is trading between $1.39 and $1.40, holding above its long-term moving average at $1.35. Buyers have so far prevented a full retracement toward pre-breakout levels, even as the initial rally has cooled.

    Other major assets are also consolidating despite negative ETF flows:

    • Bitcoin is steadying around $79,000 after a sharp recovery.
    • Hyperliquid (HYPE) remains near recent highs of $86.
    • Solana (SOL) is holding near $104 following a surge toward $110.

    Single Session Not Enough to Confirm Trend Shift

    However, one positive session does not confirm a durable rotation of institutional capital toward XRP. Bitcoin’s total ETF inflows remain vastly higher at approximately $55.59 billion.

    If XRP inflows persist while BTC, SOL, and HYPE products struggle to attract capital, the current divergence could signal relatively stronger institutional demand for XRP. For now, XRP has won the daily ETF flow comparison, but confirming a meaningful trend will require several more consecutive positive sessions.

  • Solana Breaks $100: Why the Real Rally Is Just Beginning

    Solana Breaks $100: Why the Real Rally Is Just Beginning

    Solana has decisively broken above the $100 psychological barrier, extending its strongest monthly advance in years as institutional access, exchange-traded fund activity, and evolving tokenomics converge around $SOL. The breakout follows months of resistance below the key level, putting the $110–$120 region firmly back on traders’ radar. With Charles Schwab preparing to expand Solana access and the network moving toward a tighter issuance framework, the latest rally is developing into more than a technical rebound.

    Schwab’s $SOL Expansion Broadens Institutional Access

    The move coincides with Charles Schwab’s decision to add Solana, Avalanche, and Chainlink to Schwab Crypto in the coming months. The brokerage began rolling out direct Bitcoin and Ethereum trading in May, and the planned $SOL addition expands its digital-asset offering to three of the largest cryptocurrencies outside BTC and ETH. Schwab oversees more than $12 trillion in client assets and serves about 39 million active brokerage accounts.

    The significance lies in the distribution channel: Solana is moving closer to investors who already operate within a traditional brokerage environment rather than requiring them to use a crypto-native exchange. ETF activity is providing a separate indication of institutional demand. U.S. Solana-linked products have recorded sustained inflows, while Bitwise’s BSOL staking ETF posted a record $126 million in daily trading volume on August 27, taking seven-day turnover to about $500 million.

    🔥BULLISH: Solana is EXPLODING, surging 13% today and about 50% in August for its strongest month since 2024.The rally comes as Solana votes on cutting issuance and burning more $SOL, potentially triggering a supply squeeze.Notably, Nasdaq-listed DeFi Development Corp. bought… https://t.co/fRjAD9l3CP pic.twitter.com/b4EggMjEMl
    — Coin Bureau (@coinbureau) August 27, 2026

    Solana’s Supply Curve Becomes Part of the Investment Case

    Demand-side developments are being matched by a potentially important change to $SOL’s future supply. Solana validators have been voting on SGP-0002 and SGP-0003, proposals that would accelerate disinflation and increase the amount of transaction-related fees permanently removed from circulation.

    SGP-0002 would increase the annual disinflation rate from 15% to 30%, bringing Solana toward its 1.5% terminal inflation rate considerably faster and reducing projected issuance by about 18.9 million $SOL over six years. SGP-0003 would introduce a resource-based fee that is burned, with estimates suggesting daily $SOL burns could rise from roughly 600–800 to around 7,500–9,000 $SOL under current activity levels.

    $SOL Price Analysis: Can Buyers Defend $100?

    Solana’s chart structure has improved substantially after $SOL cleared the $100 psychological barrier. The token had previously broken above the $78–$79 resistance zone and subsequently established a higher base around $92–$97 before making the latest move through $100. That sequence matters because it shows buyers defending higher levels rather than relying on a single vertical move.

    Immediate resistance now sits around $105–$110. A sustained daily close above this area would strengthen the breakout and expose the $115–$120 region, with the broader $125–$130 supply zone becoming relevant if momentum continues. At the same time, $SOL’s rapid rally has pushed momentum indicators into elevated territory. The daily RSI is around the overbought zone, while the recent run of positive sessions leaves the market vulnerable to profit-taking. A pullback toward $100–$105 would not necessarily damage the bullish setup if buyers defend the former resistance as support. A sustained move back below $100, however, would weaken the breakout and bring the mid-$90s back into focus.

    Final Outlook

    $SOL’s move above $100 has changed the immediate technical structure, but the more important development is the convergence of institutional access, ETF demand, and a potential reduction in future supply growth. Schwab’s planned listing expands the potential buyer base, while the governance proposals could make the token’s issuance profile more conservative if implemented.

    The $100–$105 zone is the key support level and $110–$120 is the next upside test. Holding the breakout would keep the broader recovery intact, while a failure to defend $100 would suggest that the market needs to consolidate after the recent acceleration. Solana has cleared the level that held back the recovery for months; the next phase will depend on whether $100 becomes a durable floor rather than another temporary breakout.