It seems that the performance of the growing landfill has been strongly affected SolanaThe work of S, causing Altcoin resistance to the main support levels after a period of upward movements. Looking at the performance of the prevailing price decline, the profit achievement indicators began to appear as Sol witnesses were destroyed on the days of coins.
The devastating work days explode on Solana
The direction of the current landing of Solana has sparked a remarkable shift in her dynamics on the chain. After this weak period, the last huge rise was destroyed in the days of the coins I mentioned By Glassnode, a pioneering financial data platform, in a post on X.
The destroyed currency days (CDD) is a main scale that measures the movement of metal currencies by weighing transactions based on the period kept. Thus, such a huge rise in the scale indicates an important movement of long metal currencies.
Moreover, development indicates a possible profit from long permanent portfolios or strategic reorganization by experienced investors. If this trend continues, it is possible that it has effects on Solana price track.
According to the platform on the series, the days of the currencies that were destroyed for Solana Solana (YTD) amounted to about 3.55 billion Sol on Tuesday, which represents the third largest increase since the beginning of this year.
In the previous nails, the currency days increased sharply to 5.53 billion Teller On February 26, which currently stands as the largest this year. Meanwhile, the second largest increase in currencies that were destroyed on March 3, reaching about 4.64 billion Sol. Glassnode noted that these large nails are constantly hinting on a shift in the conviction of the bearers because the Sol price is struggling to restore the upward momentum.
With previous huge screws preceding the increasing fluctuations, Soul decline price It may be extended in the coming weeks. The continuing volatile period is likely to lead to a distribution between this portfolio, driven by a decrease in the volume of technical flashing of medium sales settings.
The basics of the strength network appear
Despite the great rise in the currency days that were destroyed, Solana Network The activity is still strong. The Solana Post, a media platform on X, Detected The network places its strength, constantly exceeding all other chains in the number of active titles and transactions that have been addressed in one day.
The data from the statute shows that the daily active wallet addresses on the network have increased to 7 million, while the number of daily transactions exceeds 100 million. This prominent performance can be attributed to the costs of low transactions for the network and the rapid productivity, which continue to attract users and developers. The user’s increasing participation in Sol, bypassing all other major chains, highlights whatIncreased dominance in Blockchain Activity, and its position as a pioneering network.
Distinctive image from Adobe Stock, Chart from TradingView.com
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