Solana is the most popular alternative digital currency among investors according to the “CoinShares”platform

Despite the decline in public interest in altcoins, Solana seems to be the exception to the rule, according to a report by CoinShares Digital Asset Management.

In the last seven weeks, the market has seen a decrease in cryptocurrency investments.
But, at the same time, the company has noticed an increase in investments directed towards Solana, which is one of the top ten digital currencies by market capitalization.
During the last week alone, the coin has seen investment inflows of 700,000 dollars, which has made it the most popular alternative digital currency among investors currently.
Since the beginning of the year, the total flows directed towards Solana amounted to 26 million dollars.
In contrast, investment products related to Polygon Ethereum witnessed withdrawals of USD 8.6 million and USD 3.2 million, respectively, in the last week.
While bitcoin investments, the largest by market capitalization, were multiplied by 3.8 million dollars.
The report also made it clear that the trading volume last week was much higher than the average, with a total turnover of 2.8 billion dollars.
SOL is used as a currency for transactions on the Solana network, which is used as a platform for developing various applications, from games to decentralized financial lending protocols.
The currency has been experiencing increased interest recently, with proposals by companies such as MakerDAO to launch new projects on the network.