🚀 Solana Shines Bright! 🚀

- Solana (SOL) holders are bullish as long-term investors double down, despite recent selling pressure from last bull market’s cohort. Glassnode reports a drop in the 1-2 year holder group, indicating profit-taking during this year's rally.

- On-chain metrics reveal growing conviction among new 6-12 month holders, now holding 27% of SOL supply.

- Solana outpaces Ethereum in DEX volume for 10 weeks and leads in new developer growth in 2024, with 7,625 new developers.

💬 What are your thoughts on Solana's rise? Share below!