Will these Solana [SOL] updates finally be enough to push the price

At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s […]

A look into Solana’s on-chain metrics also painted a positive picture for the token’s future as several of them supported a possible uptick in the coming days.

For instance, despite failing to register massive gains, SOL’s volume increased considerably over the last week. This, by and large, is a positive signal. SOL’s social dominance also marked a spike on 22 September as several developments were happening on the network, but then declined over the last few days.’s NFT space also witnessed some activity. SOL’s total number of NFT trade counts also increased considerably last week, indicating more users active on the blockchain.

Moreover, Messari’s data indicated that SOL’s volatility increased over the last few days, further increasing the chances of a northbound breakout in the days to come.Subscribe to get it daily in your inbox.

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CryptoAmb /  🏆 22. in CA

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