Solana (SOL) Makes a Comeback: $24M Inflows Signal Positive Momentum

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Solana has been highly favored among altcoins, yet its reputation took a hit due to significant network outages. Despite the overall market surge and renewed investor confidence in 2024, inflows into digital asset investment products associated with Solana were not substantial.of the ‘Digital Asset Fund Flows Weekly Report,’ Solana attracted nearly $24 million in inflows over the past week after “enduring a bout of negative sentiment.

Zooming out, investment products focused on digital assets experienced record weekly inflows of $2.7 billion, pushing the year-to-date total to $10.3 billion, slightly below the record inflow of $10.6 billion seen in 2021.

 

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