Solana Shows Massive 98.2% Surge Amid Small Market Cap

The sentiment around Solana remains neutral with a slight positive trend, highlighted by a remarkable 98.2% increase reflected in recent performance, yet it maintains a modest market capitalization of $9,116.39. The liquidity pool stands at $12.1K, with a small number of 68 holders, indicating a relatively concentrated ownership. The recent trading activity shows minimal price movement over various timeframes, with a slight 0.1% change in the last five minutes and a significant rise of 98.2%, suggesting recent volatility or a sharp rally. The internal market progress is at approximately 42.94%, revealing ongoing accumulation or distribution. Safety indicators suggest the asset is actively tracked, with some blacklisting and cautious stance from the author. Major holdings are diversified but collectively hold less than 30% of the total, reducing the risk of dominance by few large holders. Overall, Solana exhibits signs of a niche or emerging interest with substantial recent gains but limited overall market size and concentration risk.