To speak truthfully, these two days $SOL is clearly in a relatively strong state, refusing to dip deeply, and the rebound momentum has never stopped.
This bout of strength is highly synchronized with on-chain data. After on-chain activity picks up, trading demand surges, and SOL is heavily used and purchased as gas (fuel).
In order to participate in the memecoin frenzy, funds keep buying SOL. Changes in supply and demand directly drive this round of price recovery.
This bout of strength is highly synchronized with on-chain data. After on-chain activity picks up, trading demand surges, and SOL is heavily used and purchased as gas (fuel).
In order to participate in the memecoin frenzy, funds keep buying SOL. Changes in supply and demand directly drive this round of price recovery.