Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows

Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows

CryptotimesCryptotimes2025/04/04 20:55
By:Iyiola AdrianJahnu Jagtap

Cardano (ADA) has surpassed Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in institutional inflows over the past month

As of March 29, 2025, Cardano recorded $63.3 million in month-to-date (MTD) inflows, making it the top-performing digital asset in institutional investments.

Bitcoin may have pulled in $195 million in weekly inflows, but it was hit with $826 million in outflows for the month, dragging down its overall standing. Ethereum didn’t fare much better, losing $370 million in MTD outflows. 

Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 0 Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 1 Cardano surpasses BTC, ETH, and SOL in inflow | Source: TapTools

Solana gained $26.9 million, a positive number, but still well behind Cardano’s impressive figures. Across the board, total outflows reached $2.2 billion, showing that the overall market has been in decline. Yet somehow, ADA managed to go against that trend.

ADA started gaining more interest after President Trump announced creating a U.S. Strategic Crypto Reserve , which included ADA along with XRP and SOL on March 2nd. ADA rallied 50% within 90 minutes after the news on the day.

Although the administration revised its stance, deciding to split the reserve into two separate funds: a Bitcoin-only reserve and an altcoin stockpile. The hype that ADA was even considered is still fueling the adoption, as more investors start to trade the token.

Meanwhile, ADA’s futures open interest surged to $702  million, marking a 10% increase year-to-date, according to the Coinglass report. 

Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 2 Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 3 ADA Open Interest | Source: Coinglass

Moreover, ADA has been showing a lot of volatility for the past 24 hours as it consolidated between $0.67 and $0.62. It is currently trading at $0.6550.

Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 4 Cardano Surpasses Bitcoin and Ethereum in Institutional Inflows image 5 ADAUSD Price Chart | Source: CoinMarketCap

The token gained 4% in value today and currently trades at $0.65 after gaining 4% today. However, the trading volume is not doing great as it recorded a 20% drop in the last 24 hours to $923 million. 

Follow The Crypto Times on Google News to Stay Updated!
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

VIPBitget VIP Weekly Research Insights

The unique value of Proof-of-Work (PoW) tokens lies in their mining mechanism and regulatory positioning. Research shows that mining costs are a defining feature of PoW tokens, involving significant investment in hardware and electricity. When market prices approach miners' breakeven points, miners tend to hold onto their coins in anticipation of future appreciation. This behavior reduces circulating supply, shifts the supply-demand balance, and may contribute to price increases. Regulatory clarity is also critical to the investment appeal of PoW tokens. Both BTC and LTC are classified as commodities by the U.S. SEC rather than securities, which simplifies the ETF approval process. In January 2024, the approval of the BTC spot ETF triggered significant institutional inflows. LTC is currently undergoing the ETF application process. While DOGE and KAS have not yet received formal classification, their PoW nature may position them for similar treatment. Together, these factors enhance market liquidity and attract more institutional investors.

Bitget VIP2025/04/11 06:10
Bitget VIP Weekly Research Insights