Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares
While interest in altcoins has declined and investors have been withdrawing from crypto investment products, Solana (SOL) has remained a favorite among institutional investors. Over the past nine weeks, institutional investors have been investing in SOL, with $700,000 invested in the past week alone. In contrast, investors have been pulling out of Polygon and Ethereum. SOL is the asset used for transactions on the Solana blockchain, which has been gaining traction in various industries.
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Solana Is the ‘Most Loved Altcoin Among investors’, Says CoinShares
While interest in altcoins has declined and investors have been withdrawing from crypto investment products, Solana (SOL) has remained a favorite among institutional investors. Over the past nine weeks, institutional investors have been investing in SOL, with $700,000 invested in the past week alone. In contrast, investors have been pulling out of Polygon and Ethereum. SOL is the asset used for transactions on the Solana blockchain, which has been gaining traction in various industries.