solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr looks good for a rally toward $6.9 now that everyone has made their victory laps on memes as a whole. Wouldn't bet against culture when the whole crypto market looks primed for reflexivity

CryptoWorld News reports that a new report from Project Eleven indicates that over $3 trillion in digital assets could face theft risks within the next four to seven years. The report emphasizes that the value of the digital asset industry mainly depends on cryptographic primitives like elliptic curve digital signatures, which are vulnerable to quantum computing attacks. Recently, Project Eleven partnered with the Solana Foundation to prepare its network for the threat of quantum computing. The report states that powerful quantum computers could use Shor's algorithm to derive private keys from public keys, allowing attackers to forge signatures and control wallets and digital accounts protected by elliptic curve encryption. The report also mentions that the arrival of quantum computers may occur between 2030 and 2033, and the window for migrating to post-quantum encryption is narrowing.

Recently, interesting changes have been observed in the cryptocurrency market. It is said that last week, global crypto funds flowed in a total of $1.1 billion, the strongest week in nearly three months. It is reported that mainly U.S. institutions are buying, accounting for about 95%, with just Bitcoin spot ETFs attracting over $830 million. Morgan Stanley's newly launched Bitcoin fund attracted over $60 million in its first week, and they plan to apply for Ethereum and Solana ETFs later. It seems that large institutions' interest in cryptocurrencies is indeed picking up. Some analysts say this is due to the easing of tensions in Iran and better-than-expected U.S. inflation data, both of which have prompted previously cautious institutional investors to re-enter the market. Interestingly, while there is buying of Bitcoin and Ethereum, funds that are shorting Bitcoin have also attracted $20 million. It feels like some are hedging their risks. XRP was very popular earlier, but this week it clearly cooled off, with only about $19 million coming in. Overall, the assets under management in crypto investment products have returned to levels seen in early February, indicating that market sentiment is indeed improving.