SOL monthly sell signal; 2022 95% slide cited as profit addresses near 20%

Ali Martinez said the monthly SuperTrend for SOL flipped to a sell signal, noting the last instance in 2022 preceded a 95% drawdown. Glassnode showed about 20% of addresses in profit in February as SOL slipped below $100, while the Hodler net position change turned positive in January but slowed over the past three weeks. AMBCrypto added that Solana's RWA value recently reached $1.66 billion.