The crypto market is going through a period of significant turbulence, where price fluctuations are testing investor confidence. Indeed, at the heart of this uncertain dynamic, Solana (SOL) stands out as one of the most closely watched assets. Currently, a major reorganization has taken place in its holder structure, which reveals a significant transfer of tokens from old long-term investors to new entrants. According to on-chain data, this redistribution reflects profit-taking by historical investors, thus marking the end of a previous bull cycle. At the same time, a new generation of investors is showing marked optimism, and is banking on Solana’s potential to rebound despite a volatile context. This transition reflects divergent perspectives for the future of the project: on the one hand, renewed confidence carried by newcomers; on the other, increased caution, fueled by technical challenges and uncertainties to come.
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