Solana’s Liu says the Shanghai event has been postponed due to an increase in registrations. How will $SOL react?
According to CoinTelegraph, the market is abuzz following reports that Solana’s Liu said the Shanghai event was postponed due to an increase in registrations. This is considered a significant move that could directly affect sentiment around holding $SOL in the short term.
Reaction of $SOL
Short-term uncertainty: The news has made investors more cautious. Speculative inflows into $SOL could stall over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
No major panic: This is not a sudden negative shock likely to rattle the entire market. For those closely following the SOL ecosystem, this is a step in its development roadmap, so it is unlikely to trigger a major wave of selling.
Long-term trend depends on macro factors: Over the long term, the price of $SOL will still depend on key factors such as on-chain activity, ETF inflows, TVL, and overall sentiment in the crypto market. If the ecosystem continues to expand, the outlook remains positive.
Do you think $SOL will soar after this news? 👇
#Binancenews #xuhuong #CryptoNews
According to CoinTelegraph, the market is abuzz following reports that Solana’s Liu said the Shanghai event was postponed due to an increase in registrations. This is considered a significant move that could directly affect sentiment around holding $SOL in the short term.
Reaction of $SOL
Short-term uncertainty: The news has made investors more cautious. Speculative inflows into $SOL could stall over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
No major panic: This is not a sudden negative shock likely to rattle the entire market. For those closely following the SOL ecosystem, this is a step in its development roadmap, so it is unlikely to trigger a major wave of selling.
Long-term trend depends on macro factors: Over the long term, the price of $SOL will still depend on key factors such as on-chain activity, ETF inflows, TVL, and overall sentiment in the crypto market. If the ecosystem continues to expand, the outlook remains positive.
Do you think $SOL will soar after this news? 👇
#Binancenews #xuhuong #CryptoNews