Solana Faces Rising Sell Pressure as 1.17M Tokens Flow Into Exchanges

Data from Glassnode, shared by crypto analyst Ali Martinez, indicates that approximately 1.17 million Solana tokens have been moved onto crypto exchanges over the past three weeks.

Meanwhile, market conditions have softened, with Solana having declined by 30.4% over the past month and currently trading near $66.26.

Source: Ali Martinez