So you’re telling me Solana has
- ETFs with record inflows
- SoFi the first U.S. national bank approving crypto transactions through personal checking or savings accounts
- Wester Union partnership
- the biggest transfer layer for USDC
- higher app revenue than any other blockchain
- Robinhood integration with Jupiter
- the highest DEX volume across all L1 & L2s
And you’re bearish??
Crypto is being massively overshadowed by stocks right now.
Even all the spot ETFs are quiet.
All, except one.
Bitcoin ETFs saw $1.15 billion in outflows from Wednesday to Friday
$ETH ETFs also saw 3 straight days of outflows
But Solana had a different story.
Bitwise's Solana ETF BSOL just became the biggest ETF launch of the year by trading volume.
BSOL ended the week with $197 million in net inflows.
Despite the BTC and ETF sell-off, fresh inflows into the SOL ETFs show the bull market is still intact.
NEW: WESTERN UNION CEO SAYS “WE LOOKED AT MOST OF THE OTHER ALTERNATIVES, AND CAME TO THE CONCLUSION… THE SOLANA BLOCKCHAIN WAS THE RIGHT CHOICE FOR US”
In case you didn’t know - the BTC whale closed 90% of his BTC short and fully closed his ETH short, making around $190–$200M profit in just one day on Hyperliquid.
The crazy part is that he shorted another 9 figs worth of BTC and ETH minutes before the cascade happened. And this was just publicly on Hyperliquid imagine what he did on CEXs or elsewhere. I’m pretty sure this guy played a huge role in what happened today.
https://t.co/KPzg4u1tN8
https://t.co/K9MFyjcAL4