According to data from CoinShares, since the beginning of 2023, Solana (SOL) investment product inflows worth $ 26 million, surpassing all other altcoins including ETH, indicating that it is the most popular altcoin among investors.
In the “Digital Asset Flows Weekly Report” published on September 4, James Butterfill, director of research at CoinShares, pointed out that the trading volume of encrypted investment products in the week ended September 1 was 90% higher than the year-to-date average.
It fell to $11.2 million. This marked seven straight weeks of negative sentiment, during which time crypto products saw outflows of $342 million, but investment products still saw net inflows of $165 million year-to-date.