Key Notes
- According to CoinShares data, digital asset investment inflows totaled $3.17 billion in the past week.
- Solana and XRP saw their inflows slow down to $93.3 million and $61.6 million, respectively.
- The broader cryptocurrency market expects a US SEC decision on SOL and XRP ETFs in the upcoming days.
With digital asset investments inflows hitting $3.17 billion, Solana SOL $194.9 24h volatility: 3.3% Market cap: $106.17 B Vol. 24h: $12.09 B and Ripple-associated token XRP XRP $2.57 24h volatility: 3.6% Market cap: $153.74 B Vol. 24h: $10.34 B have re-entered the spotlight. They recorded inflows of $93.3 million and $61.6 million, respectively, according to the latest update from CoinShares.
Awaiting SEC Decision on Spot SOL and XRP ETFs
Towards the end of last week, the crypto industry was taken aback by Donald Trump’s announcement related to US–China tariff tensions. Crypto prices dropped significantly, but despite the price correction recorded by most of these assets, the broader digital market has shown resilience.
The inflows from these assets rounded up to $3.17 billion, with Bitcoin BTC $114 552 24h volatility: 1.2% Market cap: $2.28 T Vol. 24h: $94.47 B leading with $2.67 billion. Ethereum followed with $338 million, and then came Solana and XRP. Despite SOL’s inflows of $93.3 million and XRP’s $61.6 million, they mark a significant slowdown from their previous level.
However, analysts and market watchers are expecting the situation to change considerably as the broader ecosystem is expecting the US SEC to make a decision on spot Solana and XRP ETFs this week. There are about eight Wall Street giants that have filed for Solana ETFs and are waiting for the SEC’s verdict.
Markey experts are looking forward to having XRP climb as high as $10 once spot-associated ETFs are rolled out. Precisely, crypto market analyst Javon Marks says that the Ripple cryptocurrency is poised for a rally to $10. He shared the XRP price chart, noting that the altcoin could rally more than 226% toward the $9.90 level.
More optimistically, he believes that a breakout above this threshold could potentially drive XRP toward $20 and beyond.