Last week, the encrypted fund that tracked the Shanche currency attracted a net inflow of about $9 million. As the prices of the assets have recovered, the willingness to allocate institutional funds in foreign currencies outside the Taifung has also risen.
XRP rebounds to focus on warming
According to the report, XRP has rebounded by about 50 per cent since its recent low point, raising prices to about $1.60. The recovery in prices has led to market concerns and reinforced the trend towards continued financial flows to related products.
Solana and Hyperliquid received inflows
Of the specific products, the Solana Fund attracted $28.34 million last week and the Hyperliquid Fund received $3.89 million. The distribution of funds shows that the agency is expanding part of its configuration to a wider range of banknotes, instead of focusing only on bitcoin and the Ethers.
- Solana Fund Inflow: $28.34 million
- Hyperliquid Fund Inflow: $3.89 million
- Total Fund inflows: approximately $9.0 million
Project progress provides additional support
In addition to the flow of funds, the progress of related projects was seen as a background factor for market concerns about warming. It has been reported that Hyperliquid may have received some support as a result of the Trump policy stance. Meanwhile, Solana is preparing to advance Alpenglow.
This upgrade is expected to be launched between August and October, with the goal of increasing the speed of transaction processing. For institutional funds, in addition to price performance, upgrading of bottom networks and changes in the policy environment can affect the pace of allocation.