Institutional adoption is increasing

About 25% of Bitcoin ETP is now owned by institutions, and 85% of surveyed companies plan to allocate digital assets by the end of the year.

Solana surges

SOL is up 22% this week, trading around $246.9 with a CMF of 0.23, indicating strong inflows.

DeFi Momentum

Total Value Locked (TVL) in DeFi on Solana reached $15.3 billion, supported by NFT activity, memecoins, and applications. Analysts estimate SOL could test $250+ with further ETF advancements.

Market share rotation

BTC dominance fell to 57.3%, while ETH's share rose above 14.2%, indicating a shift of capital to altcoins.

Institutional appetite gradually expands beyond Bitcoin, with Solana and Ethereum benefiting most from the rotation flows. As the altcoin ecosystem strengthens, ETF developments and derivative demand may dictate the steps for the next market growth phase.