Good news for SOL continues

Activity continues to rise

The rebound momentum is performing well

We may welcome a big market wave!!!

Recently, there has been a lot of good news for SOL, and according to on-chain data feedback, SOL's activity continues to increase. Perhaps we will welcome a big market wave, and ever since SOL spiked to $203, it found a support point around $205, and the rebound momentum is indeed strong.

In just these few days, SOL's daily trading volume has almost doubled, reaching $6 billion, the highest record since November. Moreover, looking at the long-short ratio, many people believe that SOL will continue to rise.

Now it depends on whether SOL can break through $240 again and firmly establish itself. If it holds steady, SOL may break new highs again to $269. Currently, SOL's price is $232, having risen 6.8% in the past 24 hours. However, relatively speaking, the bull market has too many spikes, and too many bulls have caused panic, leading to a decrease in trading volume. Everyone has become more cautious, and caution is what the crypto circle needs most.

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