Survey Finds Institutions Prefer Solana Over XRP and Dogecoin
A Coinbase and EY-Parthenon survey says many institutions are favoring Solana over XRP and Dogecoin. As of January 2026, 36% of surveyed institutions held SOL, and 38% plan to add it. By comparison, 18% held XRP, and 25% plan to add XRP. DOGE lagged, with just 2% holding and 2% planning to add.
The survey also highlights an ETF-driven allocation shift. Most institutions gain exposure via crypto ETFs (64% in Jan 2025 rising to 66% in Jan 2026), while direct spot holdings fell from 39% to 36%. Institutions also increased use of digital asset treasury companies (DATs) from 51% to 53%.
ETF market data contrasts with the survey preferences: XRP spot ETFs lead on net assets and inflows ($949.15M net assets; $1.21B total net inflows) versus SOL ($849.65M net assets; $993.38M inflows) and DOGE ($9.12M net assets; $7.64M inflows).
Overall, the results suggest institutional demand for SOL is rising, but near-term flows still appear more favorable to XRP than Solana.
Neutral
利多点在于调查显示机构对Solana（SOL）的配置意愿更强：持仓与计划增配比例均高于XRP与DOGE，且仅SOL落后于BTC/ETH并明显领先其他大型公链资产。这通常会提升SOL的中长期叙事与资金申购兴趣。
但新闻对交易影响的“不确定性”来自两点：
1) ETF资金流仍是另一套逻辑。数据显示XRP现货ETF的净资产与净流入更靠前，而不是SOL占优。这意味着即便机构“偏好SOL”，短期资金仍可能跟随更强的ETF动量。
2) 机构敞口方式更偏ETF而非现货，短线价格更受ETF申购/赎回节奏影响。类似过去在ETF资金主导的阶段（当某资产ETF流入领先时价格相对更强），市场往往会先反映“资金流方向”而非“调查偏好”。
因此，整体更像“结构性潜在利好、短期兑现需看ETF流向”。若后续SOL现货ETF流入走强，市场情绪可能转向偏多；若XRP继续领先流入，SOL的相对表现可能受压，形成区间或慢涨走势。