Digital Assets Break Records: BTC and SOL in the Spotlight
Digital asset inflows surged to a record $2.25 billion in 2023, with Bitcoin (BTC) and Solana (SOL) leading. BTC's $1.9 billion influx dominated, while SOL attracted $167 million. Despite setbacks, BTC and SOL maintain stable prices. Market sentiment remains cautious, with funding rates at 0.009% for BTC and 0.01% for SOL. Speculation surrounds BTC's potential dominance in 2024, but competition for the second spot intensifies. Monitoring asset interest distribution is crucial for understanding evolving market dynamics.
Cheng Yuan