$1.3B flows back into Solana: Is SOL poised for a reversal?
Solana (SOL), a Layer 1 blockchain platform, appears to be on the cusp of a pivotal move as market sentiment shifts back in favor of riskier assets like Layer 1 solutions. Despite experiencing a 35% decline in price this quarter, a closer examination of Solana’s daily price chart offers a glimmer of hope. For the first time since the October market crash, Solana has established a higher price low at $140, suggesting the early stages of a resurgence.