🚀 #Solana Sees $5.84B Daily Volume Despite 6% Dip

Solana [$SOL ] continues to attract massive capital inflows, even as its price slipped 6% in the past 24 hours. The surge is driven by ETFs, ETPs, bridging from other chains, and strong dApp activity.

💡 Key Highlights:

Weekly inflows exceeded $400M, with Ethereum contributing 62% of bridged capital.

Total assets under management on Solana: $2.84B.

Major revenue drivers: Jupiter [JUP], Raydium [RAY], LetsBONKfun, Pump.fun.

Solana led all chains in revenue for 22 consecutive weeks, generating $35M across all dApps.

Market context: total crypto market cap down 3.56%, yet SOL sees strong inflows.

Stablecoin supply on Solana rises; smart money rotates into speculative memecoins.

Despite short-term price dips, strong inflows and revenue generation indicate continued bullish momentum.

#Crypto #SOL #Blockchain #Altcoins

❓With Solana attracting massive institutional and retail inflows despite a 6% dip, do you think SOL is poised for a rebound, or is this a temporary correction?