Solana long-term holders bet on a breakout despite sideways price action

Solana is trading between 158.80 USD resistance and 141.97 USD support. This sideways movement has created a buying opportunity for long-term investors, who are accumulating SOL despite current stagnation.

Data indicates declining sell-offs among long-term holders, with the Net Unrealized Profit/Loss metric in the ‘hope’ zone. If accumulation continues, SOL may surge toward 170 USD, provided market conditions improve.

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