[Analysis] "Solana Rises 12% in 36 Hours... Altcoin Decoupling"

Source
JOON HYOUNG LEE

Summary

  • Solana (SOL) has shown signs of decoupling from other altcoins, rising 12.3% over 36 hours.
  • The global on-chain analysis platform Santiment reported that Solana is gaining positive effects amid trader opinion polarization and FUD.
  • Solana's positive movement is drawing attention as general investors have been selling their assets in recent days.

An analysis has emerged indicating that Solana (SOL) is showing signs of decoupling from other altcoins.

The global on-chain analysis platform Santiment stated on the 23rd via X that "Solana's price has risen by 12.3% over the past 36 hours," adding that "while meme coins like Official Trump (TRUMP) have polarized trader opinions and fueled FUD (Fear, Uncertainty, Doubt), Solana has decoupled from other altcoins."

Santiment noted, "In recent days, general investors have been selling their assets," and added, "Solana seems to have benefited positively from this situation."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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