Investors are Ditching Ethereum for Solana Here's Why

  • Solana leads crypto inflows over the last three months, showing steady growth and gaining investor attention among top networks.

  • Ethereum faces the largest capital outflows despite its strong market position, with newer networks attracting more investments.

  • Emerging blockchains like Sui and OP Mainnet are seeing increased inflows, while Layer-2 networks like Arbitrum and zkSync face declines.

Over the past three months, net capital flows in the crypto market have shown notable trends, as posted by MartyParty on social media. The data reveals that Solana recorded the highest inflows, followed by OP Mainnet, Sui, Base, Avalanche C-Chain, Polygon PoS, Injective, and StarkNet.

Top 15 Crypto Net Flows (3 months)

Top bridged net flows (by absolute value) in USD. pic.twitter.com/nNK70Tyqdn

— MartyParty (@martypartymusic) September 24, 2024

Meanwhile, Ethereum experienced the largest outflows, followed by Linea, Arbitrum, Blast, zkSync Era, Bitcoin, and BNB Chain. These shifting flows reflect a changing market where newer blockchain networks are gaining investor attention, even as established networks like Ethereum face challenges.

Solana and Emerging Networks …

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