Ek San
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🚨#SOLANA Q1: STRONG FUNDAMENTALS, WEAK PRICE — Q2 FACES INFLECTION POINT
🔹Despite surging on-chain activity, $SOL ended Q1 down 34.7% from $190.
🔹Chain GDP rose 20% QoQ; stablecoins like USDC surged 148% to $9.7B.
🔹DEX volume spiked to $36B on Jan 18, 10% of Nasdaq’s daily turnover.
🔹Q2 opened at $124.56, rallied to $167.72, but faces exit liquidity risk.
🔹Coin Days Destroyed (CDD) peaked May 14, signaling long-term holders selling.
🔹Without fresh capital, $SOL’s rally may reverse to Q1 support near $95.
🔹Despite surging on-chain activity, $SOL ended Q1 down 34.7% from $190.
🔹Chain GDP rose 20% QoQ; stablecoins like USDC surged 148% to $9.7B.
🔹DEX volume spiked to $36B on Jan 18, 10% of Nasdaq’s daily turnover.
🔹Q2 opened at $124.56, rallied to $167.72, but faces exit liquidity risk.
🔹Coin Days Destroyed (CDD) peaked May 14, signaling long-term holders selling.
🔹Without fresh capital, $SOL’s rally may reverse to Q1 support near $95.
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