Analysis: Capital inflow on the Solana chain turns positive, indicating initial recovery of market confidence
Glassnode data shows that Solana (SOL) has turned its 30-day realized cap inflow back to positive after several weeks of capital outflow, with a current growth rate of 4-5%, comparable to XRP. The realized cap inflow metric reflects the actual movement of capital on the chain. Current data indicates that buying pressure is rising, although the price has not yet fully reflected this change. The shift in current indicators may signal an initial warming of market sentiment, and suggests that some traders are preparing for a potential rebound, or at least indicates that capitulation has ended. $SOL