TechFlow news — Asset management firm CoinShares said institutional investors appear to be increasing their holdings in altcoins such as Solana, a trend confirmed by a survey involving 64 investors managing a total of $600 billion in assets.
The survey revealed that nearly 15% of respondents have invested in SOL, while holdings in XRP showed a significant decline compared to previous surveys. Meanwhile, Solana ranked third in the "most attractive growth prospects" category, though it still trails behind ETH and BTC.
In addition, the proportion of respondents who believe cryptocurrencies hold "value" has also increased, indicating growing investor interest in the sector.
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