$SOL is moving wild. We could see a memecoins cycle soon.

Noticed that recently, activity around Solana ecosystem ETFs remains quite active. Last week, the daily net inflow of SOL spot ETFs exceeded $20 million, with the Bitwise Solana Staking ETF performing the best, taking in over $20 million in one day. This fund has accumulated a total net inflow of $850 million, indicating that institutional interest in SOL remains quite steady. Fidelity's Solana Fund ETF followed closely behind, although its daily net inflow wasn't as high, its total net inflow has already surpassed $160 million. The entire SOL spot ETF market now has an asset value approaching $1 billion, with cumulative net inflows exceeding $1 billion. This demonstrates that institutional investors' long-term optimism about the Solana blockchain remains quite clear. It seems that SOL's appeal as a second-tier blockchain continues to be released, especially after the emergence of standardized investment tools like ETFs, which have significantly improved the stability of inflows.