According to CoinDesk, Glassnode data shows that Solana's recent 30-day realized market cap inflow has returned to positive growth, with an annualized growth rate of 4–5%. This marks the first positive turn after weeks of capital outflow, indicating initial signs of buyer pressure returning. Although prices have not yet significantly rebounded, this indicator is often seen as a potential precursor to a reversal, suggesting that the market may have completed a phase of "capitulation" clearing.
Funds on Solana Chain Turn Positive, Indicating Initial Signs of Market Confidence Recovery
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pimco warns: 10-year US Treasury yield may hit 6%, for the first time since 2000
PIMCO's Chief Investment Officer stated that due to high oil prices intensifying inflation concerns and market unease over the growing U.S. public debt, the benchmark 10-year U.S. Treasury yield could rise to 6% for the first time since 2000.
Altcoin Rises 138% in One Month and Enters Top 20, What’s Behind the Rally? Here Are the Details
OpenAI's annualized revenue aims for $70 billions, with enterprise business as a driving force
According to sources familiar with the matter, OpenAI is expected to reach or exceed an annualized revenue of 7 billion dollars by the end of this year, mainly driven by the growth of its enterprise business.
