💫WOW!
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Solana has been working hard to rebound from the setbacks of the past three months — and the tide is finally turning. Momentum is building as Long-Term Holders (LTHs) re-enter the market, showing renewed confidence in SOL’s potential. This steady support could be the foundation for a full-scale recovery in the weeks ahead.
✨️ A Promising Outlook for Solana Investors
According to the Net Unrealized Profit/Loss (NUPL) indicator, Solana has entered the “Hope” zone — a phase that has historically preceded major price moves. While the next key milestone, the “Optimism” zone (NUPL of 0.25), is still ahead, SOL’s current trajectory suggests bullish momentum may be building.
Adding fuel to the fire, institutional interest in Solana is on the rise. Big players are increasing their exposure, reinforcing positive market sentiment and signaling strong belief in the asset’s long-term value.
In a groundbreaking move, Canada just approved the world’s first spot SOL ETF — a major milestone, especially as U.S. investors continue to wait for similar access. This development could further boost global confidence in Solana.
is one to watch this May.
