[Today's Global Trending Coins] Solana, Bitcoin, KIP Protocol & Others

According to the Token Mindshare top gainers from Kaito, an AI-based Web3 search platform (which quantifies the influence of specific tokens in the virtual asset market), the top 5 most discussed virtual asset-related keywords as of the 16th are Solana (SOL), Bitcoin (BTC), KIP Protocol (KIP), Meteora, and Polkadot (DOT).

Solana gained attention after the Solana-based meme coin LIBRA surged and then crashed following promotion by Argentine President Javier Milei. Currently, Solana is trading at $194.66 on CoinMarketCap, down 1.87% from the previous day.

Bitcoin drew attention as U.S. Bitcoin spot ETFs recorded net inflows on the 14th (local time), ending four consecutive trading days of net outflows. On this day, U.S. Bitcoin spot ETFs recorded net inflows of $70.6 million. Specifically, BlackRock's IBIT saw $22.3 million, Fidelity's FBTC $94 million, and Bitwise's BITB $8 million in net inflows. Meanwhile, Grayscale's GBTC and ARK Invest's ARKB saw net outflows of $47 million and $13.2 million respectively. Currently, Bitcoin is trading at $97,541.26 on CoinMarketCap, down 0.24% from the previous day.

KIP Protocol attracted attention amid controversy over being LIBRA's market maker (MM). However, KIP Protocol's CEO Julian clarified, "While we did participate in LIBRA, KIP Protocol's role was to provide funding to local Argentine companies through the project. We are not market makers and did not conduct LIBRA coin presales. All coins were sold through a single liquidity pool." KIP Protocol is currently trading at $0.006699, down 22.79% from the previous day.

Meteora, a Solana-based decentralized exchange (DEX), gained attention as its trading volume significantly increased compared to the previous month. Meteora's trading volume in January was $33 billion, a 33-fold increase from $990 million in December last year, far exceeding its previous high of $4.5 billion. This is attributed to the initial launch of TRUMP, Donald Trump's official meme coin, on Meteora.

Polkadot gained attention after being added to Kaito's Yapper Leaderboard, with active online discussions currently taking place. Top Yapper Leaderboard participants can receive rewards for six months, with payments made at the end of each month. Polkadot is currently trading at $4.97 on CoinMarketCap, down 4.22% from the previous day.

Investors are also showing interest in MANTRA (OM), Quai Network (QUAI), Pump.fun, MELANIA, and Believe In Something.