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Solana spot volume jumps to heating state as SOL price falls toward $100

Solana spot volume jumps to heating state as SOL price falls toward $100

Photo: CoinTurk News

Solana ‘s spot trading volume has shifted to a “heating” phase for the first time in approximately six months, just as SOL’s price is retreating. Recent market activity reveals increased volumes coinciding with a drop in SOL’s price, drawing renewed attention to key support levels. A daily bubble map tracking Solana spot volume now shows red bubbles, a significant departure from the consistent green readings recorded since December. The appearance of red bubbles indicates periods when trading volume exceeds the baseline for that day, with no explicit connection to price direction.

Source: CoinTurk News

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