Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO

Quick Summary:

Solana Social Volume Has Shot Up Alongside The Rally According to data from the on-chain analytics firm Santiment, the SOL social volume has observed a sharp increase following the recent recovery of cryptocurrency.

The Social Volume spiking alongside a rally isn’t unusual, as social media users find sharp price action exciting, so they participate in more discussions than normal.

Now, here is a chart that shows the trend in the Solana Social Volume over the past week or so: As is visible in the above graph, the Solana Social Volume has registered some rapid growth recently.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: United KingdomIndiaJapan

Topics: SOLUSD Sol Solana Surge Solana Solana Rally Solana FOMO Solana Social Volume

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 21:30:32 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 64 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21412668

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Main Topics: Crypto

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