Solana price has been trending higher since September 6, gaining 25% and outperforming Bitcoin and Ethereum. SOL price has increased by 1.8% in the last 24 hours and is trading at $156. Solana did much better than BTC and ETH in Q3 2024, while Ethereum performed the worst of the three. Will SOL continue to post gains in Q4?
Solana Outperformed ETH & BTC in Q3
Solana outperformed Ethereum and Bitcoin in the quarter that ended yesterday. SOL price gained 6%, while Bitcoin price added 1.55%. Contrary to the others, however, the Ethereum price lost a whopping 23% in Q3.
Solana
Bitcoin price performed better than Ethereum owing to the well-performing spot ETFs. According to data from Soso Value, spot Bitcoin ETFs have had over $18 billion cumulative net inflow. On the last day of Q3, Bitcoin ETFs recorded $61.3 million daily net inflow.
On the flipside, spot Ethereum ETFs registered $523 million in net negative inflows, with September 30 recording $822,000 in outflows. The bad performan
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