, Solana was down by more than 4% in the last seven days. The price decline was accompanied by a 50% increase in trading volume, which could be taken as a typical bearish signal. At the time of writing, SOL was trading at $20.27 with a market capitalization of over $8 billion, making it the ninth-largest crypto.
Though the price action was bearish, the latest data revealed a bullish development that can change the situation. As per LunarCrush’s data, SOL ranked second on the list of cryptos with the highest Galaxy Score. A high score generally means that the possibility of a price uptick is high. A look at Solana’s daily chart gave a better understanding of whether the token’s price could move up.Galaxy Score is a proprietary score that is constantly measuring crypto against itself with respect to the community metrics pulled in from across the web