Ethereum ETF Approval Causes Significant Solana Sell-Off, Down 35% vs ETH

The approval of Ethereum’s ETF last month has instigated a noticeable shift in liquidity within the altcoin market, particularly impacting Solana (SOL). Market analysts had forecasted this potential migration of funds toward Ethereum, and current trading patterns are validating these projections. Notably, Solana has seen its value drop by 35% relative to Ethereum on Binance,

Source: CoinOtag