Good news for SOL keeps coming.
Activity is constantly increasing.
The upward momentum after the rebound is performing well.
A major market trend may be coming!!!
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🔳 Recently, there has been a lot of good news for SOL. Additionally, based on on-chain data, SOL's activity is constantly increasing, which may lead to a major market trend. Ever since SOL spiked to $203 and found support around $205, the rebound momentum has been incredibly strong.
🔳 In recent days, the daily trading volume of SOL has nearly doubled, reaching $6 billion, the highest record since November. Moreover, based on the long-short ratio, many believe that SOL will continue to rise.
🔳 Now we are watching whether SOL can break through $240 again and establish a solid foothold. If it does, SOL may reach a new high of $269 again. Currently, SOL's price is $231, up 6% in the past 24 hours. However, relatively speaking, the bull market has too many spikes, causing panic, and trading volume has decreased. Everyone has become more cautious, and caution is what the crypto world needs most.