Solana Stages Recovery Amidst Market Uncertainty, Long-Term Holders Remain Cautious
Solana Stages Recovery Amidst Market Uncertainty, Long-Term Holders Remain Cautious
Solana (SOL) experienced a notable intraday recovery, posting a 12% daily gain following recent price pressures. This rebound was bolstered by aggressive dip buying across the broader crypto market, which added significantly to its total value. Despite this strong short-term performance, the market faces lingering uncertainty, and analysis reveals that Solana's long-term holders (LTHs) are not exhibiting a strong bullish sentiment.
Solana has staged a sharp intraday recovery after recent losses pressured the price earlier this week. SOL bounced strongly as the broader crypto market added nearly $200 billion in value. Aggressive dip buying prevented deeper losses, helping Solana stabilize and post a 12% daily gain despite lingering market uncertainty. Solana LTHs Are Not So Bullish
The post Will Solana’s Price Recovery Be Challenging? Here’s What On-Chain Signals Suggest appeared first on BeInCrypto.