Solana Chart Shows First Heating Volume Readings in Six Months

Solana (SOL) recorded about six daily spot-volume readings in the chart’s “heating” category as its price fell from roughly $112 to $103. The readings were the first heating marks in roughly six months. SOL had approached $120 earlier in October before retreating. The chart shows a different pattern from December through early June, when nearly all markers were in the cooling category. Over that stretch, SOL declined from about $150 to the low $80s. The markers compare daily spot volume with a baseline, so cooling indicates readings below that reference level.

Source: TokenPost