Solana Price Surges 54.6% Showcasing Bullish Trend

The data shows a significant increase in Solana's price, with a recent rise of 54.6%, reflecting strong upward momentum over multiple time frames. Its market capitalization is over $6,500, with a relatively small holder base and low liquidity, indicating limited distribution and potential volatility. The insider activity rate is approximately 29%, and major holdings control less than 30% of the supply, suggesting a somewhat decentralized ownership structure. Despite positive momentum, safety indicators like the blacklisted status and incomplete internal buy-in process suggest caution is warranted. Overall, the strong recent gains point to a bullish trend, but low liquidity and insider activity levels imply high risk.