Solana’s Old Hands Are Moving—Is Trouble Brewing?
On-chain data shows the Solana network has just seen a large movement of dormant coins. Here’s what this could mean for the cryptocurrency. Solana Coin Days Destroyed Has Witnessed A Huge Spike In a new Coin Days Destroyed” (CDD) indicator for Solana. A ‘coin day’ is a quantity that one token of the asset accumulates…
Solana (SOL) Crashes 15% After Massive Profit-Taking Spike
On-chain data shows that investors on the Solana network participated in significant profit-taking ahead of the asset’s latest retrace. Solana Realized Profit Registered A Sharp Spike Yesterday According to data from the on-chain analytics firm Realized Profit” here refers to an indicator that, as its name suggests, keeps track of the total amount of profit…
Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL?
Solana is facing mounting selling pressure, trading at its lowest level since September 2024 following yesterday’s market-wide correction. Extreme fear continues to grip the market as SOL fails to find strong support, with bears maintaining control since the cryptocurrency hit its all-time high back in January. Since then, Solana has retraced over 55%, leaving investors…