Santiment: Solana is Quietly Getting Stronger, Watch Out for the Signal in Bitcoin and Ethereum!
While this intense interest in #Bitcoin and #Ethereum led to a significant increase in trading volumes on exchanges, the prices of these assets also attracted the attention of investors. There was a great effort, especially among traders, and short-term price movements in both assets were largely driven by speculation.
On the other hand, although #Solana showed a remarkable performance by rising above the $ 140 level, this movement did not create as much trading volume as Bitcoin and Ethereum.
Although Solana's price exceeded the $ 140 barrier, investors did not show much interest in this asset. This situation is considered a positive sign by some analysts.
Experts state that the market has not generally entered the overbought region and that this silence in Solana may be a harbinger of a potential rise.
Leveraged transactions on exchanges and the majority of traders turning to #Bitcoin and #Ethereum caused Solana to follow a calmer course.
According to CoinGecko data, Solana has increased by 2% in the last 24 hours and is trading at $142 at the time of writing.