Recently, the influx of funds has been an important factor driving the rise in SOL prices, mainly reflected in the entry of institutional funds and the accumulation by whales. The following is a specific analysis:
- Institutional investors entering the market: The Chicago Mercantile Exchange (CME) completed its first large SOL futures transaction, marking a further deepening of recognition of SOL by traditional financial giants. The participation of institutional investors provides SOL with broader trading channels and higher market liquidity, and the influx of large amounts of capital directly impacts the supply and demand relationship of SOL, driving the price up.
- SOL futures ETF inflow: The first Solana staking ETF in the U.S. - REXShares' SSK attracted a large amount of funds, with $13 million of new funds flowing in within a day, and trading volume surged to $66 million. The funds related to SOL have accounted for nearly 20% of the total assets under management of SSK, showing strong interest from institutional investors in SOL, which has driven up the price of SOL.
- Whale investors increasing holdings: On-chain data shows that the inflow of whales reached 111 million SOL, far exceeding their outflow of 81.4785 million SOL. The strong buying power of whales is the core driving force behind the price increase and also reflects a strong confidence in the future trend of SOL. #资金涌入推动SOL上涨
