BTC, ETH ETFs Shed Millions as SOL Funds Keep Inflows
Single-day outflows of $298.89M from spot Bitcoin ETFs and $15.1M from Ethereum funds stand against a still-positive weekly tape and uninterrupted Solana demand.
Solana is a high-performance Layer 1 blockchain built to support decentralized applications at scale. Rather than relying on sharding or layered architectures, it maintains a single unified ledger, an approach intended to avoid liquidity fragmentation while still processing thousands of transactions per second with sub-second finality and minimal fees. The network combines Proof of Stake with a mechanism called Proof of History, which provides a cryptographic clock for timestamping transactions and reduces the coordination overhead between validators. This design enables parallel execution of smart contracts across multiple CPU cores, along with protocols such as Gulf Stream that forward transactions ahead of block finalization to shorten confirmation times. Founded in 2017 by Anatoly Yakovenko, the project is supported by the Switzerland-based Solana Foundation and has drawn backing from major venture firms including Andreessen Horowitz, Polychain Capital, Multicoin Capital, and Alameda Research. The native token, SOL, is used to pay transaction fees, participate in on-chain governance, and secure the network through staking. Beyond its core infrastructure role, SOL sits within a broader ecosystem of decentralized finance, consumer applications, and institutional integrations spanning payments and tokenized assets.
Single-day outflows of $298.89M from spot Bitcoin ETFs and $15.1M from Ethereum funds stand against a still-positive weekly tape and uninterrupted Solana demand.
If mainnet lands next quarter as Yakovenko flagged at Consensus Miami, finality drops from seconds to near real-time — the biggest architectural shift in Solana's history and the first test of the…
Wall Street heavyweights BlackRock, Apollo and ICE are buying into Circle's own L1 — a $3B implied valuation on a network still in testing suggests stablecoin issuers are now competing for the full…
Co-founder Anatoly Yakovenko confirmed the upgrade activates on mainnet next quarter — a structural change to the validator stack that could reopen the case for $SOL above $150.
SkyBridge's founder says bank lobbying and political gridlock could push statutory digital-asset rules out three years, keeping every token below $BTC in legal classification limbo.
Total assets under management crossed $160B as the legislative catalyst hit the tape — the real signal is Bitcoin's $706M concentration of that bid across a single week.
Ethereum's share of total value locked across DeFi has dropped from 63.5% to 54% so far this year, a near…
Migration is not a technical problem but a coordination one — and on Bitcoin's governance timeline, even a decade may not be enough to move $3 trillion in elliptic-curve-secured assets before Q-Day.
Three Wall Street billionaires converge on a year-end $BTC window — but the more structural read is the ETH bid: tokenization, treasury accumulation, and a S&P 500 risk-appetite print at an all-time…
A wallet that hadn't moved since last August just absorbed 67,648 SOL and 6.2M JUP in six hours — the kind of size and timing that turns into a market tell once the chart catches up.
The real story isn't the bounce — it's the rotation. With $BTC pinned above $80K and Atkins floating onchain rules, capital is spreading from majors into infrastructure and tokenization plays.
A compromise between Sens. Alsobrooks and Tillis on stablecoin rewards has industry odds of a comprehensive crypto bill climbing to roughly 60% — but ethics provisions tied to Trump's crypto ventures…
EasyA's founders now openly pitch the event as a launchpad for billion-dollar companies, and this year's winner list — drone autonomy, hardware-from-prompt, and x402 agent payments — shows the…
Toncoin has climbed to the top of the staking yield table, now ranking as the highest-yielding staking asset among the…
The 1-day drawdown in BTC and ETH ETFs is small relative to the seven-day tape, which still prints green across all three asset classes — Solana now $32.83M over the week.
Six chains each hold under 7% of DeFi TVL, but their combined share is what has drained Ethereum from 63.5% to roughly 54% — a fragmentation driven by function, not by Ethereum losing users outright.
Solana's 23% share of global blockchain developer mindshare has crossed Ethereum's 31% in new-builder inflows — and the gap is closing on every measurable axis, from weekly active devs to transaction…
The roadmap lands in the middle of a 110% monthly ZEC rally and a $600M+ flow into shielded ZEC via Near Intents — adoption is now doing the work the privacy narrative used to do alone.
The outage was contained, but the dependency on a single hyperscaler region is the part exchanges and traders will read closely — Coinbase's own status page tied it to AWS use1-az4 in US-EAST-1.
Wall Street's biggest asset manager has now filed for an XRP trust alongside Grayscale and 21Shares, and the product is already pulling capital — $120M of last week's $224M global ETP inflow came…
Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications.
Solana (SOL) is categorised as: Smart Contract Platform, Solana Ecosystem, Layer 1 (L1).
The official Solana site is https://solana.com/.
Most recent Solana coverage: "BTC, ETH ETFs Shed Millions as SOL Funds Keep Inflows" — read at /en-US/a/bitcoin-and-ethereum-etfs-see-single-day-outflows-on-may-11.