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Solana investors hold assets in anticipation of future price increases

Investor confidence remains strong: According to Glassnode, 27% of Solana investors plan to hold for 6-12 months, indicating strong confidence as they anticipate market gains before the 2024 rally.

Reduced selling pressure observed: Selling pressure has notably decreased since the 2022 market cycle, as most holders have realized profits. The number of long-term investors has dwindled, enhancing future price stability.

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