Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million in outflows. The token continued its sideways trajectory despite the negative net flows and memecoin’s trading activity decline over the week. As a result, SOL’s recent performance was praised by some crypto analysts who deem the cryptocurrency a safe bet. Related Reading: MATIC Price (Polygon) Sets Sights Higher: Can It Gain Bullish Momentum? Solana ETPs See Record Outflows CoinShares’ recent report revealed that last week’s Exchange-Traded Products (ETPs) net flows registered a positive but “low” $30 million. The data showed that crypto-based investment products saw minor inflows in the past 7 days, with mixed flows among the providers. Per the report, the established ETP issuers continued to lose market share to providers of the newer investment products. The crypto funds’ weekly trading volume also fell to $7.6 billion, dropping nearly 50% from the $19 billion registered the week prior. Throughout the week, Bitcoin (BTC) ..
Support the originator by clicking the read the rest link below.
 Continues Sideways Move As Outflows Record $39 Million){kind=link}