Crypto Fund Inflows Hit $1.4B Last Week; Solana Trades Near $85.85 With $300 Upside Potential

BTC-0,81%
ETH-0,95%
SOL-1,08%
XRP-0,76%

Gate News message, April 20 — Digital asset investment products recorded $1.4 billion in inflows last week (April 14-20), marking the third consecutive week of positive flows and the strongest weekly total since January. The surge reflects renewed market sentiment as geopolitical tensions eased and Bitcoin broke above $76,000, signaling a technical shift after weeks of sideways trading. March inflation data further supported the move, with CPI at 3.3% and core inflation at 2.6%, both perceived as supply-driven rather than systemic, reducing pressure on risk assets.

Bitcoin led the rally with $1.116 billion in inflows, bringing its year-to-date total to $3.1 billion, according to Coinshares data. Short Bitcoin products saw only $1.4 million in inflows, indicating limited hedging demand as investors favor upside exposure. Regionally, the United States accounted for $1.5 billion of total inflows, while Germany posted modest gains of $28 million. Switzerland diverged sharply with $138 million in outflows—its largest weekly exit since November—suggesting selective risk positioning rather than uniform global optimism.

Ethereum attracted $328 million, recording its strongest week since January and bringing year-to-date inflows to $197 million. In contrast, XRP and Solana saw outflows of $56 million and $2.3 million respectively. Despite the outflows, Solana’s price action remains constructive, trading near $85.85 with steady weekly gains and strong volume.

According to analyst Celal Kucuker, Solana could rally toward $300 to $450 under favorable market conditions. Technically, the asset maintains a long-term ascending trendline supported by consistent higher lows. Price recently rebounded from the $70-$85 demand zone and now approaches key resistance between $130 and $160. A confirmed breakout above this range could open a path toward $190-$220. However, failure to hold above $130 would weaken the bullish structure, with continuation dependent on sustained liquidity and broader market strength.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Gerelateerde artikelen

Solana Foundation exec: Solana becoming 'onchain Nasdaq'

Nick Ducoff, head of institutional growth at Solana Foundation, stated in a recent TheStreet Roundtable discussion that Solana's vision of becoming the on-chain Nasdaq and home of internet capital markets is "getting closer and closer." Ducoff outlined four competing approaches to tokenized

CryptoFrontier8m geleden

XRP Expands to Solana as wXRP Drives DeFi Access

Key Insights Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger. Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for

CryptoNewsLand1u geleden

XRP Expands to Solana as wXRP Drives DeFi Access

Key Insights Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger. Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for

CryptoNewsLand1u geleden

Solana Holds $87 Support as ETF Inflows Top $22M

Key Insights Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level. Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing

CryptoNewsLand2u geleden

Bitcoin, Ethereum and Solana ETFs Record Positive Net Inflows on April 21

Gate News message, according to the April 21 update, Bitcoin ETFs recorded a 1-day net inflow of 3,599 BTC (approximately $272.59 million) and a 7-day net inflow of 18,914 BTC (approximately $1.43 billion). Ethereum ETFs showed a 1-day net inflow of 34,380 ETH (approximately $79.25 million) and a 7-

GateNews2u geleden

Arkham Launches Decentralized Trading for Solana Ecosystem Tokens

Abstract (English): Arkham has launched a decentralized trading feature for Solana ecosystem tokens, enabling high-frequency, low-latency trading directly on its platform. It filters tokens by volume, market cap, and liquidity, and tracks top traders, high‑PnL wallets, KOLs, and FnFs, while providing real-time activity, holdings history, and deployment records in one interface. Supported by Arkham’s analytics backbone of hundreds of thousands of traders, billions of address labels, and hundreds of millions of alerts. Summary (English): Arkham launches a decentralized Solana trading feature with real-time data, token filters, and top-trader monitoring, powered by its large analytics platform.

GateNews5u geleden
Opmerking
0/400
Geen opmerkingen