Data shows that $SOL is currently ranked #6 on CoinMarketCap’s popular list. Against the backdrop of repeated expectations for macro liquidity and increased volatility in risk assets, emotion-driven short-term heat can hardly mask concerns over valuation premium on-chain. If there is no substantial incremental liquidity to absorb demand, investors should be wary of the risk of a subsequent pullback.⚠️ #Solana #Layer1