Solana Sees Increased Long-Term Holder Accumulation Amid Price Decline and Support Test

Solana dropped 14% last week, yet on-chain metrics show long-term holders increasing accumulation, indicating a bullish shift and potential price stabilization near $158 support.

Solana’s Liveliness metric declined, signaling reduced movement of long-held tokens and stronger holder confidence.

Hodler Net Position Change rose by 102% in four days, confirming increased long-term storage despite price weakness.

Realized Profit/Loss Ratio hit a 30-day low, showing many traders are selling at losses, which often precedes market bottoms.

Why Are Long-Term Holders Increasing Solana Accumulation?

Long-term holders of Solana are accumulating more tokens despite recent price declines, as shown by key on-chain metrics. The Liveliness metric, which tracks the activity of dormant tokens, dropped to 0.76, its lowest weekly level since July 25. This decline suggests fewer long-term holders are selling, opting instead to hold their assets off exchanges.