Solana Trading Bets on Further Price Surge: Why is the Optimism High?

Solana (SOL) prices have been displaying bullish momentum, prompting a surge in trading activity as traders anticipate continued gains. A recent analysis reveals that 71.87% of Solana holders on Binance are betting on price appreciation, reflecting market optimism. This trend is supported by several factors, including the expanding DeFi ecosystem and increasing institutional interest in the SOL coin.