Amid the broader cryptocurrency market volatility, institutional investors placed their bets on Solana (SOL) ahead of Bitcoin (BTC), Ethereum (ETH) and XRP. As highlighted by CoinShares researcher James Butterfill, Solana registered $17.1 million in inflows over the last seven days. Solana’s seven-day inflow flipped the combined flow that Litecoin, Zcash, Chainlink and others managed to attract in the same period. These assets in total recorded $10.1 million in inflows, compared with SOL’s $17.1 million.

Notably, this signals that institutional investors are confident in Solana’s price outlook and future trajectory compared with the other crypto assets. This development indicates capital flow to SOL when compared to others on the top 20 list of crypto assets.

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