solsupply
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Is Solana (SOL) Ready for a Major Breakout Despite Trader Hesitation?
Yes, the underlying supply dynamics look bullish; the amount of $SOL held on exchanges is decreasing, which helps to alleviate selling pressure; concurrently, an increase in USDC inflows suggests potential buying demand from high-net-worth individuals or institutional players. $BNB
However, trading engagement remains cautious; SOL futures volume dropped by 3%, while BTC and ETH saw strong increases, indicating that professional trader participation and speculative leverage are still limited. $DOGE
What is the missing catalyst for SOL futures traders to finally commit?
#Solana #SOLSupply #USDCInflow #FuturesVolume
Yes, the underlying supply dynamics look bullish; the amount of $SOL held on exchanges is decreasing, which helps to alleviate selling pressure; concurrently, an increase in USDC inflows suggests potential buying demand from high-net-worth individuals or institutional players. $BNB
However, trading engagement remains cautious; SOL futures volume dropped by 3%, while BTC and ETH saw strong increases, indicating that professional trader participation and speculative leverage are still limited. $DOGE
What is the missing catalyst for SOL futures traders to finally commit?
#Solana #SOLSupply #USDCInflow #FuturesVolume
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