ETFs have shown: Ethereum is losing to XRP and Solana. Net outflows from ETH-related products reached 86 million dollars in one week.
Ethereum in Free Fall: The Domino Effect
Ethereum ETFs have recorded net outflows for the fourth consecutive week, raising concerns. Institutional investors are losing interest due to network update delays and growing competition. Meanwhile, bitcoin attracts funds thanks to optimism, securing an inflow of 724 million dollars.
XRP and Solana: The Revenge of the Outsiders
XRP's victory over the SEC has changed the game, attracting institutional investors. Solana stands out with its high transaction speed and is set to release the first futures ETF in the US.
Market View: Bitcoin Maintains Leading Position
Despite the rising positions of XRP and Solana, bitcoin confirms its status. Infrastructure projects like Polygon and Chainlink also show growth. While bitcoin maintains stability, the real battle is around innovators.
Ethereum faces challenges while XRP and Solana strengthen their positions. In this dynamic market, bitcoin remains stable, but competition continues.