$SOL $BNB #Solana #BNB
Fluctuations in the Real Time Money Flow index indicate that investors are investing in BNB (BNB) and Solana (SOL) instead of Ethereum (ETH).
The graph published by social network user MartyParty shows that since the beginning of March there has been an outflow of capital from the Ethereum network. The BNB and SOL blockchains, on the other hand, attracted a huge amount of financial assets, so it can be assumed that investors took money out of Ethereum and invested it in BNB and Solana. The amount of investment directed into the Bitcoin network has not changed that much, but remains at a high level.
The loss of interest in Ethereum on the part of investors is also evidenced by the data indicated in the report of the CoinShares company. During the first working week of April, the capitalization level of funds based on ETH decreased by $22.5 million, and the value of assets invested in derivatives based on Bitcoin, Solana and BNB, on the contrary, increased by $663 million, $4 million and $600,000, respectively.
A decrease in demand for Ethereum against the backdrop of an increase in the attractiveness of BNB and Solana affected the price of these cryptocurrencies. ETH trailed its competitors in terms of the rate of increase in value, having risen in price by 62% since the beginning of the year, while SOL has gained 75% in price and BNB – 87%.