Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics
- Solana showed a 4% drop on May 15, 2025, falling from $178 to around $167 amid broader cryptocurrency declines and Wall Street pullback.
- This decline followed months of previous realized capitalization outflows but came as $SOL's 30-day capital inflows turned positive, signaling a potential trend reversal.
- Glassnode data highlighted that $SOL's inflow growth of about 4-5% parallels $XRP's, indicating renewed demand within the Solana ecosystem despite price weakness.
- However, Bitcoin's dominance remained high at 64.4% on May 8, 2025, with altcoins collectively gaining 2%, while the market stayed largely in a 'BTC-driven cycle' according to analysts.
- These trends indicate that while $SOL might start to recover, it and other more volatile cryptocurrencies may still underperform in the short term due to cautious investor behavior and wider market challenges.
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10 Articles
Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics
The post Solana Approaches Key Breakout Level Amid Weak Sentiment and Mixed Engagement Dynamics appeared on BitcoinEthereumNews.com. Solana nears a key breakout level, but weak sentiment and low engagement cloud bullish momentum. Solana forms a cup-and-handle pattern, while traders maintain a strong long bias on Binance. Sentiment and social metrics remain weak, signaling cautious interest despite bullish technicals. Solana is experiencing mixed…
Solana Metrics Shifting: Realized Cap Steady Outflows Slow Down As Market Sentiment Improves - Coin Surges
After surging significantly in the last few days, Solana, one of the leading digital assets, is slowly facing growing bearish pressure, raising concerns about an extension of the recent pullback to key support levels. Solana’s price may be declining, but the market continues to show strength as several crucial on-chain metrics are starting to turn bullish again. A Notable Reversal In Solana Realized Cap Solana’s waning price movements, triggered…
Solana Metrics Shifting: Realized Cap Steady Outflows Slow Down As Market Sentiment Improves
After surging significantly in the last few days, Solana, one of the leading digital assets, is slowly facing growing bearish pressure, raising concerns about an extension of the recent pullback to key support levels. Solana’s price may be declining, but the market continues to show strength as several crucial on-chain metrics are starting to turn bullish again. A Notable Reversal In Solana Realized Cap Solana’s waning price movements, triggered…
Solana Targets $262 as Analyst Spots Cup and Handle Bull Pattern
Solana bounces back to $172 as traders set their sights on $262. A breakout from a rounding bottom pattern and strong futures market data are fueling bullish momentum. Solana’s move above the $170 mark signals a strong resurgence in buying pressure. Bulls are now eyeing the key psychological level of $200. Could a breakout in SOL lead to a new all-time high? Solana Price Analysis Targets $262 Solana is currently trading at $172, up 1.75% today a…
Solana faces major battle at $180 resistance: Can SOL rewrite history?
Solana capital inflows are returning as its realized cap outflows fade. SOL is testing the $180 supply zone, with a breakout potentially pushing it toward the $200 psychological level. Solana [SOL] has started flashing bullish signals again after months of outflows. A closer look at on-chain data shows that capital is returning. According to Glassnode, SOL’s 30-day Realized Cap inflows flipped positive, now growing by 4–5%. This places SOL along…
Solana Sees Renewed Demand As Capital Flows Turn Positive – Details
Solana (SOL) is trading around key levels after reaching a local high of $184, struggling to hold support above the $170 zone. This price region is shaping up to be a pivotal battleground, as bulls aim to extend the rally while some analysts warn of an incoming retracement. Optimism remains strong across the market, with... The post Solana Sees Renewed Demand As Capital Flows Turn Positive – Details appeared first on Daily Truth Report • DailyTr…
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