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Solana Price Faces Crash Risk Despite 8 Million New Investors
Yahoo Finance· 2026-01-18 07:01
Solana price continues to trend higher overall, but near-term risks are building. SOL has formed an ascending wedge since the start of the month, a pattern that often precedes a pullback. Despite strong investor participation, the setup suggests a potential dip that could undermine recent bullish efforts. Solana Holders Counter Each Other On-chain activity shows strong network growth. Since the beginning of the month, the number of addresses conducting transactions on Solana has surged sharply. At its ...