[DigitalToday reporter Jinju Hong] Solana (SOL) has recently moved ahead of XRP in ETF-related fund inflows.

U.Today, a blockchain media outlet, reported on Monday that the daily net inflow into Solana-related products was $33.49 million. That was about $19.67 million more than XRP's $13.82 million.

The figure is interpreted as a short-term indicator of where institutional demand is leaning. The outlet pointed out that Solana has significantly outpaced XRP in the ETF market, but drew a line at saying that Solana is also ahead on a cumulative basis.

XRP leads in cumulative net inflows. Solana's cumulative net inflows are around $1.22 billion, while XRP ETFs have gathered $1.57 billion. ETF net assets were tallied at $1.21 billion for Solana and $1.44 billion for XRP. Solana had the edge in daily flows, but XRP still leads in the overall size of the ETF market.

Price action shows both assets have entered a strong rebound phase. Solana rose from the mid-$70s to around $100 after breaking above key moving averages. After moving above the long-term moving average of $89.45, it is trying to settle above $100, which is seen as a psychological resistance level. Trading volume also rose sharply during the breakout process, boosting the legitimacy of the rally, the outlet reported.

Overheating signals are also growing. Solana's daily relative strength index rose to around 87, entering overbought territory. The outlet said there is still a chance the price could move further to $104 to $108, but chasing the rally without a pullback has become riskier. While inflows have continued, the steep rise in momentum leaves room for higher short-term volatility.

XRP's rebound was also sizable. XRP recovered from around $1 to about $1.48, and moved back above the long-term moving average near $1.35. In an earlier surge toward $1.70, strong selling pressure was confirmed. XRP's relative strength index is also nearing 80, signaling overheating territory.

In this situation, ETF flows were cited as a factor adding additional demand to Solana. U.Today assessed that "ETF figures at key technical levels provide an additional source of demand for Solana." It also said it is difficult to explain the entire recent rally based solely on a gap of around $20 million a day. Considering the total market capitalisation of the two assets, it said such a daily advantage should not be seen as the main driver of the rise.

The key is whether the recent edge in flows will continue. If Solana maintains strength in ETF inflows and holds the $89 to $90 zone as support, the foundation for the recent breakout trend could strengthen further. But XRP still leads in total cumulative funds and net assets, so a divergence between short-term momentum and the longer-term landscape could persist for some time.