Solana Market Hit by Wave Of Treasury-Driven Selling, SOL’s Pullback To Extend?
The cryptocurrency market has turned highly bearish, and Solana‘s price continues to struggle with volatility as it drops toward the $80 level. Amid the persistent waning action, there has been a noticeable selling activity among treasury firms across the sector, which has triggered serious questions about its price outlook in the short to medium term. Treasury Holders […]
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With the market struggling to regain bullish traction, Solana continues to trend downward, now hovering around the $130 price level. During this sharp pullback in SOL’s price, there has been a notable selling spree among investors, which seems to have migrated to those held in treasury reserves. Ongoing Sell-Off Extends Into Solana Treasuries After closing […]
Even while the price of Solana experienced a slight bounce on Sunday, investors are still feeling the pain from the current pullback. Given the sharp drawdown in SOL’s price, a significant portion of the supply held by investors is now in the red, which is triggering a wave of uncertainty in the market. Solana Investors […]
Solana has been nothing but bullish in the past few days, as the leading asset rides the wave of renewed momentum, which has pushed its price above the $230 threshold. While SOL’s price has been trending upward, activity on the blockchain seems to be sharply rising, suggesting that the current rally is on-chain-driven. App Economy […]
Given its remarkable price performance in this current bull market cycle, Solana is witnessing the next wave of accumulation with the adoption of the strategic SOL treasury by large corporations. Since the initiative was launched, millions of SOL have been acquired by these prominent companies, creating a solid ecosystem for the altcoin. Strategy Solana Treasury […]
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