Solana’s Liquidity Inflows Surge: Can It Overcome Technical Struggles?

Solana has seen a significant rise in liquidity inflows, with over $120 million bridged from competing blockchains in the past 30 days, indicating renewed confidence in the network. However, despite these gains, Solana’s price (SOL) faces challenges that may hinder its ability to sustain this momentum. In this article, we explore the latest trends impacting Solana and key factors investors should watch.

Solana's liquidity influx has surged, with over $120 million bridged from competing blockchains like Ethereum and Arbitrum. However, technical analysis suggests that Solana's SOL price may struggle to maintain recent gains. In this article, we explore the current state of Solana's network and its price trajectory.