Solana Investors Show Strong Conviction with Increase in Long-Term Holders During 2024 Rally
A significant amount of Solana (SOL) appears to have changed hands from “old long-term holders to new long-term holders” as profit-taking sent the asset on a massive decline. Data shows that investors who held the asset during the previous bull cycle have liquidated their positions, with holdings decreasing from 45% of the circulating supply in…