Ethereum Tops Solana as $4K Milestone Nears

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Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards.

Capital rotation favors Ether as “Hot Capital Ratio” hits a yearly low for Solana.

ETH futures dominance grows with open interest hitting $58 billion.

ETH eyes on $4,000, backed by low funding rates and strong spot accumulation.

Capital flows favor Ethereum over Solana has emerged as the primary beneficiary of capital rotation within the altcoin market.

According to Glassnode, the SOL/ETH Hot Capital Ratio, a measure of short-term realized capital movement, has declined to a year-to-date low of 0.045, marking a 42% drop since April.

This suggests that while ETH and SOL saw inflows in July, capital flow is now favoring Ether.


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