Ethereum beats Solana in capital inflows: $4k target in sight

Ethereum has experienced a surge in capital inflows, indicating a positive market sentiment that favors ETH over Solana. The SOL/ETH Hot Capital Ratio has fallen to a yearly low, reflecting this shift.

With open interest in ETH futures hitting an all-time high of $58 billion, Ethereum demonstrates greater market participation. This growth, combined with low funding rates, suggests a potential rally toward the $4,000 target.

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