.santimentfeed Solana up 35% recently, despite recent delisting from major platforms. $SOL
The report states that SOL has begun to put up a substantial rise for the first time since April, even though this comes nowhere near the staggering 250% rise demonstrated by the coin in 2021 with a high level of developer activity.The report believes that SOL has hardly been impacted by the recent Bitcoin ETF events that occurred in mid-June.
Aside from that, SOL's funding rate on Binance and DyDx showed very short jumps a month ago. Even if short positions are not liquidated, they can still have an effect on the price, per the Santiment report; however, the chances of any big rises become considerably lower.
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