After weeks of sideways movement, Solana (SOL) is quietly picking up pace. The cryptocurrency has gained over 5% in the past week, giving investors fresh reasons to hope that a larger move may be coming, possibly even a retest of its all-time high. But is this just a temporary uptick or the start of something bigger?
According to a recent analysis shared on CryptoQuant by market watcher Burak Kesici, Solana’s spot and futures markets have entered what he calls a “cooling” phase. Using Bubble Maps: a tool that visualizes trading volume and momentum across different exchanges, Kesici highlighted that Solana is no longer in the overheated territory. Instead, it’s moved into a neutral zone.
Now, here’s where things get interesting. While cooling often signals a slowdown, in this case, it might mean something else entirely. Neutral or “cooling” phases are often associated with…
