How has the turnover trend on the SOL chain been over the past two days? Let's look at a set of data.
From January 10th to the morning of January 11th at 8 AM, the total on-chain turnover volume of SOL was approximately 2.47 million. Compared to the data from the same period the day before, the turnover volume remained basically flat with no significant growth. What does this indicate? Simply put, trading activity is showing signs of weakness, particularly as the weekend approaches, with notably reduced market participation.
When on-chain turnover volume remains at this level, it often signals that market sentiment is trending toward calm. Large transactions have decreased, and retail investors are taking a wait-and-see approach. This low trading volume pattern typically persists through the weekend, unless unexpected negative or positive news emerges to break it. For investors monitoring SOL on-chain dynamics, this period requires maintaining vigilance, but there's no need for excessive concern—calm periods often precede the next wave of market movements.
How has the turnover trend on the SOL chain been over the past two days? Let's look at a set of data.
From January 10th to the morning of January 11th at 8 AM, the total on-chain turnover volume of SOL was approximately 2.47 million. Compared to the data from the same period the day before, the turnover volume remained basically flat with no significant growth. What does this indicate? Simply put, trading activity is showing signs of weakness, particularly as the weekend approaches, with notably reduced market participation.
When on-chain turnover volume remains at this level, it often signals that market sentiment is trending toward calm. Large transactions have decreased, and retail investors are taking a wait-and-see approach. This low trading volume pattern typically persists through the weekend, unless unexpected negative or positive news emerges to break it. For investors monitoring SOL on-chain dynamics, this period requires maintaining vigilance, but there's no need for excessive concern—calm periods often precede the next wave of market movements.