- Santiment revealed in an X post that sentiment surrounding SOL is growing bullishly.
- According to the post, 2% of all discussions related to the top 100 cryptocurrencies are linked to SOL.
- At press time, SOL was trading at $38.43 after its price jumped 7.68% over the past 24 hours.
Santiment, the blockchain intelligence platform, predicted in an X post published earlier today that sentiment around Solana (SOL) is transitioning from bearish to bullish. According to the post, nearly 2% of all discussions relating to the top 100 cryptocurrency assets are related to SOL.
#Solana, which has now returned to the #7 spot on market cap rankings, has now seen its value rise +62% in a great month of October. Notably, nearly 2% of all discussions related to top 100 assets are related to $SOL, & rising volume would be #bullish. https://t.co/mIZzKHNmbc pic.twitter.com/KdMdULhyq3— Santiment (@santimentfeed) October 31, 2023
Santiment attributed the growth in SOL’s social activity to its meteoric 60+% price rise during the past month, which saw climb to the number 7 spot on the list of the biggest cryptocurrencies in terms of market cap. This substantial increase in …
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