Solana Receives $31M in Institutional Inflows, Becomes Top 'Most Loved Altcoin' As Bitcoin Rebounds

Solana (SOL) recorded $31M in inflows this year and is the favorite altcoin of institutions according to CoinShares
Bitcoin (BTC) saw $21.2M in inflows the week ending 9/29, its first inflow in 1.5 months
Solana has seen inflows 27 of 31 weeks this year, highlighting it as the "most loved altcoin"
Ethereum saw outflows for the 7th straight week, making it the "least loved altcoin" recently
The inflows came late in the week and may be a reaction to positive price action and U.S. debt concerns