Solana (SOL) Rebounds Amid Strong On-Chain Activity and Bullish Chart Signals

Solana (SOL) regained momentum over the weekend, climbing from a low of $147.13 to a session high of $152.94 before settling near $151.77. The 3.95% intraday rebound suggests renewed bullish sentiment, supported by a spike in on-chain activity and technical confirmation of a double bottom pattern near $147.50. A key indicator, Coin Days Destroyed (CDD), surged to 3.55 billionits third-highest reading of 2025signaling the movement of long-held tokens and increased investor engagement. The price bounce also aligned with a return to a short-term bullish channel on the 6-hour chart, where rising…  Read more

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