SOLANA’s indigenous token, SOL (SOL), recorded an impressive 22% rebound after testing $ 180 support on February 3. However, despite the recovery of $ 215, the SOL is 27% lower than the all -time high on January 19. The core emotional gauge weighs the Trader sentiment as pointed out in the SOL FUTURES market, which falls below the neutral threshold.
Monthly SOL FUTURES CONTRACT is generally traded as a premium, reflecting the additional risks assumed by the seller due to the extended payment period. In the neutral market situation, the annual premium is from 5%to 10%. Reading under this critical value suggests a weakening of the demand for long positions (buyers).
SOL FUTURES Discounts point of skepticism, but historical data challenges accuracy.
At first glance, the current gift discount can indicate that a professional trader is skeptical about the optimistic momentum of SOL. But according to past data, such positioning does not always predict the market direction.
In most cases, institutional players, including whales and arbitrage desks, create trend reversal. If most of the market bets in a row, the market manufacturer tends to be more prominent as the market manufacturer adjusts its position.
In early October 2024, a similar scenario was in progress, which fell to $ 140 after the Sol Future Premium fell 13% over three days. When SOL surged 58% over the next 40 days and reached $ 222, this level was found to be a regional floor. This often emphasizes the method of delayed indicators, rather than using derivatives market sentiment as a predictor to trust in the future.
In order to evaluate whether the SOL can re -test $ 260 in the short term, investors must investigate major network metrics, including use trends, transaction fees and potential growth drivers. Some critics argue that the recent Memecoin craze stakeed by the launch of the official Trump (Trump) token in Solana has been impossible, but other sources such as games, social networks and gambling can provide continuous optimism.
The number of active addresses associated with TOP TEN SOLANA Distributed applications (DAPP) increased 21% a month. According to DAPPRADAR data, the default network has reduced DAPP activity by 27%during the same period, while Polygon and Ethereum experienced 17%and 15%reduction, respectively.
Solana’s TVL increased 5.5%, while competitors faced a headwind.
The total deposit of Solana DApps, measured with T -TVL (Total Value Locked), has increased by 5.5% over 30 days, closing the gap with Ethereum. SOLANA’s market share was 9.5%in October 2024, strengthening its position as the second largest blockchain of TVL.
The main contributions of Solana’s TVL growth increased Meteora, Binance Staked Sol, 23%and Marinade Finance by 15%. This inflow helped Solana to produce $ 224 million in monthly network fees, exceeding Ether Leeum’s $ 133 million over the same period. In particular, three of the five most profitable five DApps belong to the Solana ecosystem JITO, Raydium and Meteora.
relevant: pump. Fun hit with a lawsuit claiming that all notes are securities.
SOL’s success for Memecoin Pressure overlooks a wide range of adoption for games, staying, liquidity, payment, artificial intelligence, algorithm trading and token distribution. However, as the user continues to report failure, the problem remains as it emphasizes continuous concern about network reliability.
The expansion problem is not unique to Solana because it affects the multi -blockchain ecosystem that values profit prioritization (effective inspector) is not unique to solana. Solana’s adoption is to strengthen the long -term prospects and provide a strong foundation for additional SOL Price audit.
This article is for general information purposes and should not be considered legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.