Solana Hits $230, but Veteran Investors Are Taking Profits


11h05 ▪
3
min read ▪ by
Ariela R.

Summarize this article with:

Solana jumps 19% and flirts with $230. Yet, historical investors are liquidating their positions. The crypto network itself is attracting less and less interest. Simple technical rebound or fragile peak? Full analysis here.

Solana crypto jet in flames, panicked pilot crashes with tokens lostSolana crypto jet in flames, panicked pilot crashes with tokens lost

In brief

  • Historical investors of Solana are selling massively, betraying a lasting loss of confidence.
  • The drop in new addresses slows adoption, thus weakening the current bullish momentum of the SOL token

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