Solana Price Bullish Streak Likely To Continue As SOL Sees $4.5M Inflows


Quick Summary:

Solana (SOL) price clawed back a significant portion of gains from the previous week’s recovery on Saturday and Sunday, underscoring high volatility in the market.

Total inflows reached $176 million, with Ethereum taking the biggest share with $155 million and Bitcoin emerging second with $13 million.

Moreover, the general sentiment toward SOL price remained bullish as optimism for a spot ETF approval before the end of 2024 surged.

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Article Details

Author / Journalist: John Isige

Category: Crypto

Markets: IndiaEl Salvador

Topics: SOL Price Analysis Solana Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 15:51:37 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22036956

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Main Topics: Crypto

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