$SOL 🦅🦅🦅
Since September 2023, Solana (SOL) has experienced significant net capital inflows, indicating growing investor interest in the cryptocurrency.
In the three months leading up to September 25, 2024, Solana recorded a net inflow of $988 million, surpassing the combined net inflows of all other blockchain networks during the same period.
In October 2024, Solana continued to attract substantial capital, with net inflows totaling over $800 million.
However, in December 2024, Solana's momentum slowed, with capital inflows dwindling and its price stagnating around $221, while Bitcoin and Ethereum continued to attract investor interest and experienced significant price increases.
Overall, Solana's positive net capital inflows since September 2023 highlight its growing prominence in the cryptocurrency market, though recent trends suggest a need for cautious optimism.