SOL Accumulation Near Two-Month Low
Solana is experiencing gains despite being near a two-month low.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The rally came off $68 support as short sellers got squeezed out of $281 million in positions. SOL belongs on the top 3 cryptos to buy now list for recovery, but a $47 billion cap limits the multiples."
"Solana trades at $82.60 with the Alpenglow upgrade heading toward mainnet later this year, according to Bybit. SOL sits 72% below its all time high of $293, and spot SOL ETFs drew just $15.6 million in weekly inflows while Bitcoin and Ethereum funds saw heavy outflows."
"While long-term holders continue to accumulate, the broader market remains cautious due to the lack of a clear bullish reversal."
"While long-term holders continue to accumulate, the broader market remains cautious due to the lack of a clear bullish reversal."
"Solana’s SOL token was the day’s biggest gainer in the top 10 cryptocurrencies, rising 4.59% in the 24 hours leading up to 4:30 p.m. in Hong Kong."
"Solana’s SOL token was the day’s biggest winner in the top 10, after it rose 1.9% in the past 24 hours to US$19.84."