• CoinGape Newsletter
  • Posts
  • Solana, Cardano, Litecoin, Sui ETF Delays Shake Institutional Crypto Interest

Solana, Cardano, Litecoin, Sui ETF Delays Shake Institutional Crypto Interest

Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.

In a landmark ruling, the Madras High Court in India has declared XRP and other crypto assets as property under Indian law. The judgment given by Justice N. Anand Venkatesh pointed out that cryptocurrencies are recognizable, movable, and manageable solely with the help of private keys, making them a unique type of property.

Institutional investors’ interest in altcoins has almost completely wiped out due to the delay in the U.S. SEC’s decision on multiple exchange-traded funds due to the prolonged U.S. government shutdown. A crypto funds flow report revealed massive outflow from altcoins, including Solana, Cardano, Litecoin, and Sui.

The Bitcoin price has been recovering steadily amid renewed optimism surrounding the upcoming Trump–Xi meeting on October 30th. Historically, the BTC price has reacted strongly to macro events tied to trade relations between the U.S. and China, often rallying when diplomatic sentiment improves. As both nations resume discussions on tariffs, the market anticipates that easing trade tensions could boost global liquidity and risk appetite. 

The Pi coin price has surged by over 24% in the past 24 hours. This strong rebound follows weeks of slow, sideways movement that kept many investors cautious. Pi price now appears to be regaining strength as exchange data reveals more than 10 million tokens exited exchanges in October. This drop of nearly 2.4% in exchange supply shows rising accumulation interest among investors. However, Pi must now prove that this breakout can sustain beyond short-term speculation as volatility returns.