2 Reasons Why Solana (SOL) Is Rallying

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

$SOL rise on the market can be explained, but it still does not give us any long-term clarity

However, the lack of social recognition and low funding rates are usually continuation indicators, as no selling pressure is provided by mid- or long-term Solana holders. The situation will change as social indicators around SOL rally upward, reflecting a return of potential sellers to the market.

Low funding rates are a sign of low liquidity and, quite often, descending volatility on the market. On the other side, abnormally high funding rates increase the potential of an upcoming volatility spike in either direction. In the case of Solana, rates are at a moderate level, enough to bring volatility back to the market, without causing too much shakiness that would cause a rapid price

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Canada ran short of children's Tylenol — and why it could happen againWhy Canada ran short of children's Tylenol — and why it could happen again via financialpost
Source: TheStarPhoenix - 🏆 253. / 63 Read more »