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XRP and Solana Attract Big Money as Ethereum Bleeds $86 Million


XRP and Solana Attract Big Money as Ethereum Bleeds $86 Million

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XRP, SOL Lead Altcoin Inflows; ETH Sees $86M Outflow
  • XRP and Solana had inflows of $6.7 million and $6.4 million, respectively
  • Bitcoin’s inflows reached $724 million, while Ethereum had an outflow of up to $86 million
  • The total inflow for the US market was $632 million

Exchange-traded products (ETPs) focused on XRP and Solana were the top performers among altcoins for the week ending March 21st, according to recent data. While most other altcoin ETPs also saw positive inflows, XRP and Solana outperformed the rest of the market in this category.

XRP was the leader when it came to altcoin inflows, clocking in at $6.7 million. Solana wasn’t trailing by much, almost matching XRP with inflows of $6.4 million. Even others, such as Polygon (MATIC) and Chainlink (LINK), saw record numbers with inflows of $400,000 and $200,000, respectively.

Which Altcoins Experienced Outflows Last Week

That said, not all was great for altcoins, as Ethereum experienced big outflows summing up to $86 million. Sui (SUI), Polkadot (DOT), and Tron (TRX) suffered outflows as well – SUI and DOT with $1.3 million, while TRX had a smaller amount of $950,000.

One can’t talk about inflows and outflows for cryptocurrencies without m…

The post XRP and Solana Attract Big Money as Ethereum Bleeds $86 Million appeared first on Coin Edition.

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Coins

$ 63.99K

-0.24%

$ 1.81K

+0.33%

$ 1.10

-0.88%

$ 0.332

+0.16%

$ 8.05

+0.33%

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