Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana Falls, But Long-Term Holder Accumulation Puts $200 Back on the Table

Solana Falls, But Long-Term Holder Accumulation Puts $200 Back on the Table

BeInCryptoBeInCrypto2025/08/19 01:30
By:Abiodun Oladokun

Despite a 10% decline over the past week, Solana’s long-term holders are increasing their positions, suggesting confidence in its mid-to-long-term prospects. If this trend continues, SOL may rebound and aim for $200.

Solana’s price performance has been weighed down by the broader market’s sluggish momentum over the past week. With trading sentiment leaning cautious, SOL has shed 10% of its value in the last seven days. 

However, there is a catch. Long-term holders (LTHs) view this correction as a fresh buying opportunity, quietly increasing their exposure to the altcoin. How will this impact SOL’s performance in the near term? 

Solana Holders Accumulate Despite Price Weakness

Glassnode’s data has shown a steady decline in SOL’s Liveliness since August 16. It started dropping after a peak of 0.7656, confirming the waning selloffs among investors who have held SOL for more than 155 days.

Solana Falls, But Long-Term Holder Accumulation Puts $200 Back on the Table image 0SOL Liveliness. Source: Glassnode

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter .

The Liveliness metric tracks the movement of long-held/dormant tokens by calculating the ratio of coin days destroyed to the total coin days accumulated. When it trends upward, more dormant tokens are being moved, signaling profit-taking by long-term holders.

Converesly, as with SOL, when an asset’s Liveliness falls, its LTHs are moving their assets off exchanges and choosing to hold.

This suggests that despite SOL’s recent price performance, its LTHs remain confident of its mid- to long-term prospects. If the accumulation trend continues, it could trigger a rebound in the near term. 

Moreover, readings from SOL’s Hodler Net Position Change confirm the reduced selloffs from these key holders. Per Glassnode, this metric, which measures the 30-day change in the supply held by LTHs, rose by 64% between August 16 and 18.

Solana Falls, But Long-Term Holder Accumulation Puts $200 Back on the Table image 1SOL Hodler Net Position Change. Source: Glassnode

When this metric rises like this, it indicates that LTHs are accumulating more coins than selling them. This means more SOL coins are being moved into long-term storage, despite the asset’s recent price decline. 

$200 Solana Back in Sight, If Buyers Can Overcome Fading Inflows

If the accumulation trend continues, SOL could see a swift rebound and attempt to breach the resistance at $195.55. Once this happens, SOL could regain the $200 mark and rally toward the February high of $219.21.

However, risks remain. SOL’s Chaikin Money Flow (CMF), which measures capital inflows, is trending lower, implying that liquidity is drying up. Without renewed inflows, any rebound led by LTHs could struggle to gain sustained momentum.

Solana Falls, But Long-Term Holder Accumulation Puts $200 Back on the Table image 2SOL Price Analysis. Source: TradingView

In this case, its price could break below $171.81.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Cold Wallet (CWT) vs. Tron, Toncoin, and Cardano: The 2025 Crypto Breakout Race

- Cold Wallet (CWT) challenges Tron, Toncoin, and Cardano with a 3,400% ROI presale model and cashback-driven utility. - Tron faces regulatory risks and limited utility, while Toncoin's high valuation and Cardano's slow adoption hinder growth. - CWT's user-centric incentives and structured tokenomics create a self-sustaining ecosystem, redefining crypto value creation in 2025. - Investors weigh CWT's asymmetric risk-reward against traditional projects' speculative or institutional-driven strategies.

ainvest2025/08/28 04:57
Cold Wallet (CWT) vs. Tron, Toncoin, and Cardano: The 2025 Crypto Breakout Race

XRP's Post-SEC Legal Clarity: A Catalyst for 5-Year Growth in Payments and Institutional Demand

- SEC's 2025 ruling classified XRP as a commodity, resolving a 5-year legal battle and enabling institutional adoption. - Ripple's escrowed supply model and ODL's $1.3T Q2 2025 remittances demonstrate XRP's utility in cross-border payments. - ProShares UXRP ETF's $1.2B debut and 93% profitable wallets signal strong institutional confidence in XRP's long-term value. - With 60+ global licenses and RLUSD integration, XRP is positioned to become a foundational asset in global financial infrastructure.

ainvest2025/08/28 04:57
XRP's Post-SEC Legal Clarity: A Catalyst for 5-Year Growth in Payments and Institutional Demand

Ethereum's Undervalued Treasury Play: A $7,500+ Case by Year-End

- Ethereum's 2025 price surge is driven by deflationary supply dynamics, institutional yield generation, and NAV-based treasury strategies. - Network issuance fell to 0.7% annually while staking locked 29.6% of supply, creating a 0.5% annual contraction and tightening liquidity. - Treasury firms like BitMine and ETHZilla use ETH buybacks and staking to boost NAV, linking their valuations directly to Ethereum's price trajectory. - Institutional ETF inflows ($9.4B vs. $548M for Bitcoin) and Pectra/Dencun upg

ainvest2025/08/28 04:42
Ethereum's Undervalued Treasury Play: A $7,500+ Case by Year-End

Solana News Today: Validators to Decide Solana’s Next Big Leap in Speed and Scale

- Solana validators consider Alpenglow upgrade to achieve 150ms finality and 107,664 TPS, enhancing its high-performance blockchain position. - Upgrade aims to narrow Solana-Ethereum performance gaps, leveraging PoH and parallel execution for scalability in DeFi, gaming, and trading. - Solana's $0.0003/tx cost vs. Ethereum's $4.02/tx and 100M+ daily transactions highlight its cost-efficiency edge in competitive blockchain markets. - Potential SEC-approved Solana ETFs by October 2025 and REX-Osprey ETF's $2

ainvest2025/08/28 04:27
Solana News Today: Validators to Decide Solana’s Next Big Leap in Speed and Scale