💦💦Solana Shines with Record Net Inflows! It Sits at Number 1! 💦💦

$SOL

Solana's value increased by 5% in the last 24 hours and gained 9% on a weekly basis. Approximately $993 million in net inflows brought Solana to the forefront. Citigroup and Franklin Templeton announced their Solana-based projects.

Solana, which has attracted attention with its strong net inflows and price increases in recent periods, is gaining value with developments independent of memecoins as the fifth largest cryptocurrency. According to data platform Artemis Terminal, Solana has achieved strong net inflows among all blockchains in the last three months. During this period, Ethereum had the highest inflows and outflows with $2,667, while Solana took the lead with a net inflow of $992.6 million. In particular, September 12 saw its highest value with a net inflow of $655.1 million.

Solana's Usage Areas Are Expanding

Solana is increasing adoption thanks to its real-world usage areas. At the recent Solana Breakpoint Conference, a portable gaming device called Play Solana Gen1, specially developed for Web3 games, was introduced. In addition, crypto-friendly travel booking platform Travala will facilitate flight and accommodation reservations with SOL, USDT, and USDC using the Solana Blockchain.

Financial giants Citigroup and Franklin Templeton will develop new projects on Solana. While Citigroup is testing cross-border payments on Solana, Franklin Templeton plans to create a mutual fund on the Blockchain. VanEck's Market Vector report states that Solana is currently undervalued and could rise to half of Ethereum's market value. These developments are considered positive signs for Solana's future.

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