XRP and Solana Attract Institutional Inflows Amid Bitcoin Weakness

XRP and Solana have been attracting institutional inflows despite Bitcoin's weakness. According to data, the XRP/BTC ratio has dropped nearly 30% since October last year, returning to levels seen in Q4 2024. Similarly, the SOL/BTC ratio has declined by over 45% during this period.

These trends have played out alongside Bitcoin dominance holding near 60%, with no sustained bid flowing back into BTC. This suggests that a classic altcoin season structure hasn't formed this cycle.

The lack of rotational flows and ongoing BTC.D consolidation indicate that the altcoin market remains capped, even as Bitcoin has broken key support zones, including the $60k level.

Large caps are still moving in line with BTC flows, which raises a question: what happens once Bitcoin regains momentum? In a risk-off environment, institutional flows often lead price rather than follow it.