Hyperliquid and Solana lead altcoin rally as institutions pour 1.9 billion USD into crypto funds

Solana (SOL) rose by 6.1% to 155.78 USD, while XRP surged 4.6% to 2.26 USD. Institutional interest is a driving force, with analysts noting that nearly 1.9 billion USD has flowed into crypto funds recently.

As Bitcoin maintains a 61.4% dominance, market analysts are observing for signs of a potential full altcoin season. Recent improvements on Ethereum have shifted the narrative towards institutional trust in Ethereum-based applications.

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