Is Solana (SOL) Ready for a Major Breakout Despite Trader Hesitation?

Yes, the underlying supply dynamics look bullish; the amount of $SOL held on exchanges is decreasing, which helps to alleviate selling pressure; concurrently, an increase in USDC inflows suggests potential buying demand from high-net-worth individuals or institutional players. $BNB

However, trading engagement remains cautious; SOL futures volume dropped by 3%, while BTC and ETH saw strong increases, indicating that professional trader participation and speculative leverage are still limited. $DOGE

What is the missing catalyst for SOL futures traders to finally commit?

#Solana #SOLSupply #USDCInflow #FuturesVolume

DOGE
DOGEUSDT
0.11295
+16.99%
BNB
BNBUSDT
630.26
+1.35%
SOL
SOLUSDT
87.95
+3.65%