"Solana (SOL), Continues Capital Inflow Trend Since September Last Year"

Source
JH Kim

Summary

  • It was reported that "Solana (SOL) has maintained a capital inflow trend since early September 2023."
  • It was stated that "continuous liquidity inflow has driven the price up."
  • SOL is trading at $195.66, up 5.53% from the previous day.

On-chain analytics firm Glassnode reported on the 24th (local time) via its official X (formerly Twitter) that "Solana (SOL) has maintained a capital inflow trend for most days since early September 2023," adding, "This continuous liquidity inflow has driven the price up. There were days when $776 million in new capital flowed in." Meanwhile, SOL is trading at $195.66, up 5.53% from the previous day, based on the Binance Tether (USDT) market as of 00:55 on the 25th.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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