How will $SOL react to Ethereum developers not forking Glamsterdam on Hoodi until smart contract risks are resolved?

According to CoinTelegraph, the market is buzzing after news broke that Ethereum developers will not fork Glamsterdam on Hoodi until smart contract risks are resolved. This is considered an important move that could directly affect sentiment toward holding $SOL in the short term.

Reaction of $SOL

Short-term uncertainty: The latest news has made investors more cautious. Speculative inflows into $SOL could slow 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, shocking negative development for the entire market. For those closely following the SOL ecosystem, this is a step along its development roadmap, so it is unlikely to trigger a major wave of selling.

Long-term trend depends on macro factors: In the long term, the price of $SOL will still depend on core 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 take off after this news? 👇

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