Solana Price Eyes 84% Rally Driven by Long-Term Holders
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Holder Structure Shift: The proportion of short-term holders has decreased from 6% to 4%, while mid-to-long-term holders have increased to nearly 15%, indicating a transition to more stable holders, which reduces price volatility risks.
- Price Support Signals: Solana's price is currently above the 50-day exponential moving average, indicating strong short-term momentum, and a sustained move above $149 could potentially open the path to an 84% rise towards $250-$253, enhancing market confidence.
- Increased Network Activity: Solana's stablecoin supply has risen by over $900 million, and Pump.fun's daily trading volume surpassed $2 billion, indicating that user activity remains robust despite declining short-term speculation, supporting the price increase.
- Cautious Positioning by Large Traders: While the top 100 futures market addresses remain net short overall, they are gradually adding long positions, reflecting a cautiously optimistic outlook for future price increases, further solidifying the market's upward potential.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







