Market Sentiment Shifts: Long-Term Holding Patterns on Solana

Solana Investors Show Strong Conviction with Increase in Long-Term Holders During 2024 Rally

According to recent data, the number of long-term holders on Solana (SOL) has seen a substantial increase during its current rally. This development suggests that investors are showing strong conviction in the token’s potential and are choosing to hold onto their SOL assets for an extended period.

As we reported earlier, the Cup and Handle chart pattern may indicate a bullish trend for Solana.

Source: http://www.crypto-news-flash.com