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by: xpoolPosted on: May 28, 2025

Analyst Sees Solana Supply Drop to Near Low Point, Signals Potential Bullish Market

The supply of Solana (SOL) held on centralized exchanges has dramatically decreased, dropping by 27.4% to 27.01 million. This decline is approaching the token’s lowest point seen in October 2022. Analyst Murphy believes this drop could signify a bullish market ahead.

Related posts:

  1. Solana Breaks Past $300 as ETF Talk Fuels Market Rally
  2. Solana Price Soars 6% Amid Growing DeFi Activity, Could $180 be in Sight?
  3. Solana Whale Liquidates $31 Million Holding after Staking Rewards Fail to Offset Losses
  4. ChainGPT Launches $CGPT Token on Solana
Crypto Market DeFi Solana

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