Solana indicator transfer: With the improvement of market sentiment, the achieved stable outflow of caps has slowed down
After a sharp surge in the past few days, SolanaThis is one of the leading digital assets and is gradually facing increasing bearish pressure, which has raised concerns about the recent pullback extending to key support levels. Solana’s price may be falling, but the market continues to show strength as some crucial chain indicators start to be bullish again.
Solana’s significant reversal has been achieved
Solana’s price movements are triggered by wider market performance and have not yet affected some indicators that are crucial to determining its market dynamics. The latest report from GlassNode, a leading on-chain data analytics company, reveal The upper limit achieved by Solana gradually shows a positive trend.
The CAP that Sol realized began to show signs of stability after weeks of continuous outflow, often considered an indicator of capital leaving the network. This significant change shows a revival of investor confidence and may stimulate a larger recovery phase Solana Price.
Ginno identified the shift after checking the sol VS. XRP achieves comparison of CAP percentages over a 30-day time frame. Specifically, the indicator measures and compares capital movements between Sol and Sol XRP In the past 30 days.
Data from the metric system show that SOL’s 30-day capital inflow is currently reverting to positive zones, up 4% and 5%, which is comparable to XRP. If the outflow continues to decline, it may lay the foundation for the accumulation phase of SOL Ignite the next step.
According to the chain link platform, this drop outflow indicates Solana Ecosystem A revival of demand is being experienced. Currently, the significant increase in online transactions is a testament to a resurgence of demand.
SOL network mainly dominates the blockchain field
Curb.Sol, crypto experts and investors, Highlight The network is conducting more transactions than all other chains, reflecting its position as a leader in the blockchain space. In addition to growing transactions, experts also noted that after observing Nansen’s data, SOL now has an active wallet address that is more than all other chains.
Solana’s current dominance The blockchain field has been underway since the beginning of this year. Glass node Report Starting last month, the network outperforms every other network in revenue generation in the first quarter of 2025.
Such Great growth in link activity As other blockchains cope with congestion and transaction fees, their efficiency and scalability emphasize their efficiency and scalability, further enhancing their appeal to developers and consumers. Although there are meme coin stories that dominate the cryptocurrency community, they do well. Despite the Overran headlines of Meme Coin Story, GlassNode claims that Sol’s fundamentals reveal strong protocol-level monetization and sticky usage.
Featured images from Adobe Stock, charts from TradingView.com
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