Data: Solana Hot Money Soars 100% in 7 Days, Crypto Assets Rebound But Remain Below Cycle Highs
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According to Glassnode data, Solana ($SOL) hot capital reached $9.46 billion on April 28, marking a new high since March 12, with a growth of $4.72 billion (+100%) over the past 7 days. During the same period, XRP hot capital surged from $920 million to $2.17 billion, an increase of 134.9%. Despite the strong rebound, hot capital in major crypto assets remains significantly below cycle highs: BTC (-60.8%), ETH (-60.3%), SOL (-38.4%), XRP (-71.7%). Analysts believe that the inflow of funds into SOL will provide more liquidity support for stablecoins in the Solana ecosystem.
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