Derived from Cryptofrontnews, Solana’s profitability has sharply contracted, with 79.6% of its circulating supply now in loss as the price trades near $126.9. Glassnode reported that the Percent Supply in Profit has dropped to about 20%, reflecting a major structural reset following extended profit-heavy conditions. Despite the downturn, institutional inflows and steady network activity continue to support market interest, with Solana maintaining over $1 trillion in DEX volume this year.
Solana Faces Deep Profitability Reset as 79.6% of Supply Moves Into Loss
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