HomeXRP NewsSolana ETF: $9.7M Inflows, New Launch

Solana ETF: $9.7M Inflows, New Launch

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What to Know:

  • Solana ETFs are seeing significant inflows, indicating renewed institutional interest in the blockchain.
  • XRP Tundra is integrating Solana’s architecture to enhance its cross-chain DeFi capabilities.
  • XRP Tundra’s presale offers a decentralized entry point for investors seeking exposure to Solana’s ecosystem.

Institutional interest in Solana is rebounding, as evidenced by the recent inflows into US-listed exchange-traded funds. This renewed confidence from professional investors signals a desire to diversify beyond Bitcoin and Ethereum. XRP Tundra is strategically positioning itself to capitalize on this trend by developing its cross-chain liquidity and yield infrastructure on both Solana and the XRP Ledger.

Solana spot ETFs recorded $9.7 million in inflows over a 24-hour period, with BitwiseInvest’s BSOL fund capturing $7.5 million and Grayscale’s GSOL adding $2.2 million. This level of participation makes Solana the first blockchain outside of Bitcoin and Ethereum to gain substantial ETF traction in the United States. Market analysts suggest these inflows correlate with improved on-chain liquidity and price stabilization.

XRP Tundra is integrating Solana’s speed and liquidity architecture into its dual-chain framework. Its TUNDRA-S token, built on Solana, facilitates staking, reward distribution, and liquidity functions, while TUNDRA-X on the XRP Ledger governs reserves and network oversight. This model allows for direct participation through staking and verified on-chain yield, offering an alternative to passive ETF exposure.

To prepare for market stability, XRP Tundra employs Meteora’s DAMM V2 liquidity pools for TUNDRA-S, which feature dynamic fees that adjust in real time to deter manipulation. Additionally, the Arctic Spinner rewards program enhances presale engagement by distributing token bonuses via tier-based spins tied to purchase size. These mechanisms aim to foster a sustainable ecosystem capable of handling institutional-scale inflows.

While Solana ETFs attract capital from regulated institutions, XRP Tundra’s presale offers a decentralized avenue for retail and early-stage investors. The project’s Phase 10 offers TUNDRA-S at $0.158 with a 10% bonus and TUNDRA-X at a $0.079 reference price, with listing prices set at $2.5 and $1.25, respectively. The project has raised over $2.5 million, with smart contracts undergoing multiple independent audits to ensure security and transparency.

As institutional interest in Solana grows, projects like XRP Tundra are providing innovative ways for investors to engage with the blockchain’s ecosystem. By combining cross-chain functionality with robust security measures and community-driven incentives, XRP Tundra aims to offer a compelling entry point for those seeking exposure to Solana’s momentum.

Source: Original article

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