Solana ETFs Double XRP in the Last 30 Days

Solana-focused exchange-traded funds (ETFs) recorded a net inflow of $278.20 million in the last 30 days, while XRP products remained at $127.05 million. On September 28, Solana funds saw an inflow of $12.70 million, compared to $3.96 million for XRP products. Solana's total net assets reached $1.93 billion, while XRP's stood at $1.68 billion. There are nine Solana ETFs in the market, while five products are trading for XRP. XRP's market capitalization is estimated at $95.47 billion, while Solana's value is calculated at $70.69 billion. The ratio of ETF products' token market value is 2.72% for Solana and 1.76% for XRP. The daily trading volume was $90.43 million in favor of Solana, while XRP recorded $39.37 million. Solana's price rose from $75 at the beginning of August to $119.81 and is trading above the 200-day moving average. In terms of institutional demand, ETF flows indicate that Solana is growing rapidly.

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