The recent performance of Avalanche (AVAX) and Solana (SOL) in the cryptocurrency market has been nothing short of impressive, with both tokens experiencing significant gains in recent days. However, according to a recent report by Santiment, AVAX is expected to outperform SOL in the coming days, despite the current market trends and optimism surrounding the SOL ETF.

One of the main reasons for this prediction is the recent completion of a $230-million investment round by Avalanche, which saw the participation of several large capital funds, including Polychain Capital, Three Arrows Capital, and Dragonfly Capital. This investment is not only a testament to the growing interest in the Avalanche ecosystem but also a sign of the increasing institutional investment in the cryptocurrency market.

Another factor that is expected to contribute to the outperformance of AVAX is the continued migration of liquidity to the Avalanche network. This migration is driven by the growing decentralized finance (DeFi) ecosystem on Avalanche, which has seen the launch and growth of several successful DeFi protocols, including Benqi (QI), Trader Joe (JOE), and Pangolin (PNG). As more liquidity migrates to Avalanche, the token's price is expected to increase, making it more attractive to investors.

In addition to the investment and liquidity migration, Avalanche has also seen a significant increase in its total value locked (TVL), which is currently at an all-time high of $2.17 billion. This increase in TVL is a sign of the growing adoption of Avalanche's DeFi ecosystem and is expected to continue in the coming days.

On the other hand, Solana's recent price surge is largely attributed to the optimism surrounding the SOL ETF, which is expected to be launched soon. However, according to Santiment's report, this optimism may be short-lived, and the SOL price may correct in the coming days.

The report also highlights the fact that Avalanche's price rally is not driven by fear of missing out (FOMO), which is a sign of a more sustainable price increase. In contrast, Solana's price surge is largely driven by FOMO, which may lead to a correction in the coming days.

In terms of technical analysis, Avalanche's price is expected to continue its upward trend, with a target price of $80 in the coming days. The token's price has been forming higher highs and higher lows, which is a sign of a strong uptrend. The relative strength index (RSI) is also not overbought, which suggests that there is still room for the price to increase.

On the other hand, Solana's price is expected to correct in the coming days, with a target price of $33. The token's price has been forming a bearish divergence, which is a sign of a potential correction. The RSI is also overbought, which suggests that the price may correct in the coming days.

In conclusion, while both Avalanche and Solana have been performing well in recent days, the report by Santiment suggests that AVAX is expected to outperform SOL in the coming days. The reasons for this prediction include the recent investment in Avalanche, the continued migration of liquidity to the Avalanche network, and the growing adoption of Avalanche's DeFi ecosystem. Additionally, the report highlights the fact that Avalanche's price rally is not driven by FOMO, which is a sign of a more sustainable price increase.

It is important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Therefore, investors should always do their own research and consider their own risk tolerance before making any investment decisions.

Here are some key points to summarize the article:

- Avalanche (AVAX) is expected to outperform Solana (SOL) in the coming days, despite the current market trends and optimism surrounding the SOL ETF.

- The recent completion of a $230-million investment round by Avalanche is a sign of the growing interest in the Avalanche ecosystem and the increasing institutional investment in the cryptocurrency market.

- The continued migration of liquidity to the Avalanche network is driving the growth of Avalanche's DeFi ecosystem and is expected to contribute to the token's price increase.

- Avalanche's total value locked (TVL) is currently at an all-time high of $2.17 billion, which is a sign of the growing adoption of Avalanche's DeFi ecosystem.

- Solana's price surge is largely driven by FOMO, which may lead to a correction in the coming days.

- Avalanche's price rally is not driven by FOMO, which is a sign of a more sustainable price increase.

- The technical analysis suggests that Avalanche's price is expected to continue its upward trend, while Solana's price is expected to correct in the coming days.