Solana Price Forecast: Bullish. RSI Divergence Appears, with a 5% Decrease in Holder Count
2026-08-05 16:34:15
According to CoinMeta, the price forecast for Solana indicates that the bullish sentiment around RSI emerged amidst a 5% decline in the number of holders, which weakened wallet participation and made the outlook uncertain. Although improved momentum around $73 could pave the way for a rebound to $80-90, the number of wallets holding at least 0.1 of SOL has decreased from 11.84 million to 11.26 million, indicating a weakening of participation among smaller holders. Overall, a continued decline in the number of holders may reinforce bearish sentiment, while stability or growth in the number of holders could suggest that participation is beginning to recover.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24

