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Solana, Helium, And MEW Shine As Ethereum ETF Falls Short: Find SOL, HNT, MEW Price Prediction
The post Solana, Helium, And MEW Shine As Ethereum ETF Falls Short: Find SOL, HNT, MEW Price Prediction appeared first on Coinpedia Fintech News
Despite the much-awaited Ethereum ETF launch, Solana, Helium, and MEW outshine as best best-performing top altcoins with impressive gains and speculative future growth.
This week in crypto has been eventful and deserves our attention to analyze the future market momentum, Though there are no major swings in the total marketcap, the events set the bars green and strong.
Getting started with the long-awaited approval from the United States Securities and Exchange Commission (SEC).
Notably, the ETF trades have stood up to the expectations generating over $1 billion of volume in the first 2 days. This is also nearly 20% of BTC-generated volume.
However, we’ve also seen continued ETF outflows, pushing the ETH price to nearly 6% down since the launch of ETFs.
Grayscale’s ETHE alone registered a total outflow of $346.22 million since the launch, whereas other issuers like Blackrock are in the top with an inflow of $70.93 million.
Despite all the uncertainty of altcoins to perform, these altcoins have made gains this week.
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