Crypto funds saw $619 million in net inflows this week, with Bitcoin dominating flows. Solana gained traction and held the $85 support level, with market focus on a key $87 breakout and analysts predicting a rise to $100 or higher.
Global crypto asset investment products recorded net inflows of $619 million this week, with overall market sentiment strong at the beginning of the week but becoming more cautious later due to macroeconomic uncertainties. Bitcoin remained the core target for inflows, attracting a substantial $521 million in institutional funds, accounting for the vast majority of total inflows. Ethereum followed closely, securing $88.5 million in new investment, demonstrating the continued appeal of mainstream assets.
In the altcoin sector, Solana (SOL) was one of the few projects to receive significant funding attention, with inflows of $14.6 million during the week, reflecting that some investors are turning to high-growth potential quality tracks. In addition, Uniswap and Chainlink each received inflows of approximately $1.4 million, showing steady performance. In contrast, XRP experienced net outflows of $30.3 million, becoming one of the few mainstream tokens to see capital withdrawals.
From a regional perspective, the U.S. market contributed $646 million in net inflows, becoming the main engine of global crypto investment. Europe recorded net outflows of $23.8 million, while Asia and Canada also saw slight withdrawals of $2.2 million and $3.6 million, respectively, showing a divergence in global capital risk preferences.
It is worth noting that market sentiment was high in the first half of the week, with cumulative inflows of $1.44 billion in the first three days; however, on Thursday and Friday, due to factors such as rising oil prices, geopolitical tensions, and weak non-farm payroll data, market risk sentiment plummeted, with a total outflow of $829 million, resulting in a significant compression of weekly net inflows.
In terms of price, Solana has recently stabilized around $85 after a correction from a high of $94, up 3.6% in 24 hours and 1.7% for the week, with a market capitalization of around $48.5 billion. The market is generally focused on the key support level of $81, which has been effectively defended by buyers multiple times, forming short-term bottom support. Analyst Crypto Tony pointed out that if SOL can successfully break through and hold the $86 to $87 range, the area is expected to turn from resistance to support, thereby opening up an upward channel to $90.
A more optimistic market view comes from analyst curb.sol, who believes that if global geopolitical tensions ease, market sentiment will recover rapidly, and SOL is expected to hit $100 in the short term. In the long term, the analyst even predicts that Solana's potential may surpass traditional precious metals, and it is expected to reach a milestone price of $1,000 within the year, provided that the ecosystem continues to expand and the network performance and application ecosystem maintain a leading edge.
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