The cryptocurrency market is witnessing significant institutional capital movements, with Solana (SOL) and Hedera (HBAR) experiencing robust ETF inflows that underscore growing investor confidence. Solana's newly launched ETF attracted $197 million in inflows within its first four days, contrasting with combined outflows of $289.8 million from Bitcoin and Ethereum ETFs. This capital shift is bolstered by Solana's DeFi ecosystem, where perpetual DEX volumes surged 93% quarter-over-quarter to $1.6 billion, reinforcing the $173 to $180 support zone as critical for maintaining upward momentum.
Similarly, Hedera recorded a $30 million single-day inflow into its spot ETF, one of the largest for the project, driven by institutional belief in its hashgraph architecture and enterprise applications. HBAR has doubled from its yearly low, with $0.16 acting as strong support, and analysts anticipate a retest of $0.22 to $0.25 levels amid rising on-chain activity.
Concurrently, BlockDAG (BDAG) has raised over $435 million in its presale, with the current price at $0.005 in Batch 32. Market makers project an opening range of $0.38 to $0.43 at launch, representing a 7.6x to 8.6x increase over the set listing price of $0.05. This forecast is based on limited float availability, presale concentration, and committed liquidity, drawing parallels to historic Layer-1 launches like Solana and Avalanche.
