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Solana at $150: A Short-Term Risk, But Why You Should Consider HODling SOL
As Solana’s price has surged 15% in recent weeks and appears to be eyeing the $150 mark, it’s natural for investors to feel a sense of risk aversion. However, considering the underlying market dynamics, this may not be the best time to offload your SOL holdings.
Firstly, it is essential to acknowledge that Solana has successfully clawed its way back to price levels seen in early March, reflecting an overwhelmingly positive sentiment shift among investors. Furthermore, the recent accumulation near $150, as depicted by Glassnode data, demonstrates growing conviction among long-term holders.
Source: https://ambcrypto.com/solana-at-150-a-short-term-risk-but-why-you-should-consider-hodling-sol/
