SOL Treasury Adds 3,983 Tokens in a Week
Nasdaq-listed SOL treasury company DFDV added 3,983 SOL last week, bringing its total holdings to approximately 2,590,266 SOL and equivalents. The increase represents only about 0.15% of its holdings, providing slow support for the spot order book but not enough to create buying pressure on the scale of aggressive order sweeping.
If these tokens remain staked and locked up, they could shrink the circulating supply, but a pace of just a few thousand tokens per week is not enough to sustain a one-way rally. In the short term, SOL is more likely to retest key previous lows and consolidate before making a move. Watch for net inflows on centralized exchanges to ease and perpetual funding rates to return to neutral before looking for a breakout. If trading volume and open interest fail to follow through after the announcement, any spike could be a chance to reduce positions. It will be harder for SOL to rally on its own if the broader market doesn't move in sync.
Those of you holding SOL, what's your cost basis? Would you dare to buy the dip this time?
$SOL $BTC $ETH
Nasdaq-listed SOL treasury company DFDV added 3,983 SOL last week, bringing its total holdings to approximately 2,590,266 SOL and equivalents. The increase represents only about 0.15% of its holdings, providing slow support for the spot order book but not enough to create buying pressure on the scale of aggressive order sweeping.
If these tokens remain staked and locked up, they could shrink the circulating supply, but a pace of just a few thousand tokens per week is not enough to sustain a one-way rally. In the short term, SOL is more likely to retest key previous lows and consolidate before making a move. Watch for net inflows on centralized exchanges to ease and perpetual funding rates to return to neutral before looking for a breakout. If trading volume and open interest fail to follow through after the announcement, any spike could be a chance to reduce positions. It will be harder for SOL to rally on its own if the broader market doesn't move in sync.
Those of you holding SOL, what's your cost basis? Would you dare to buy the dip this time?
$SOL $BTC $ETH