Metrics Reveal Solana Sees Uptick In Whale Activity – Accumulation Signal?
Solana is showing signs of strength after weeks of heightened volatility and aggressive selling pressure. As the broader crypto market stabilizes amid ongoing macroeconomic uncertainty and global trade tensions, Solana has managed to inch closer to a critical resistance level. Despite the risks still looming, especially with trade war rhetoric between the US and China escalating, some market participants believe the conditions are aligning for a potential recovery rally. Related Reading: Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? Adding weight to that view,....
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Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since early December, when it reached a multi-year high of $1.32. The retracement reflects broader market uncertainties and profit-taking by investors following its impressive rally. However, recent on-chain metrics point to an intriguing shift in market dynamics: a surge in whale accumulation. Related Reading: Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details Top analyst Ali Martinez highlighted key data revealing that major investors have purchased over 20 million ADA in the past 48 hours. This....
The leading Solana blockchain is experiencing a notable uptick in on-chain activity alongside its remarkable increase in price to the $234 mark in the past few weeks. In the midst of the ongoing spike in on-chain activity, a massive supply of stablecoins has been observed on the blockchain. Rapid Stablecoin Expansion on The Solana Blockchain […]
Solana has been in the spotlight after delivering a powerful rally, surging more than 50% since August and climbing to the $248 level. This move has reaffirmed bullish sentiment across the market, with momentum continuing to build around one of the leading altcoins. Analysts are now calling for the possibility of a massive surge in the coming weeks, pointing to both technical strength and increasing institutional participation as key drivers. Related Reading: Whale Unstakes 2M HYPE After 9 Months – $89.8M Profit On The Line Bulls appear firmly in control as Solana consolidates its gains at....
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market. Key metrics from Glassnode further bolster this sentiment, revealing that Solana has consistently maintained a positive net capital inflow since early September 2023. While minor outflows were observed, the overall trend underscores sustained interest and confidence in the project. Related Reading: XRP Whales Keep Buying – Data Reveals Smart....
Dogecoin has witnessed a strong uptick in whale accumulation this week, with large investors aggressively increasing their holdings. On-chain analytics platform Santiment reveals that wallets holding between 100 million and 1 billion DOGE have ramped up their balances this week, which is one of the most notable buying sprees in recent weeks. This accumulation coincided […]