Solana Bulls Dominate as Long/Short Ratio Exceeds 2.8 Across all Timeframes

• The Long/short ratio of Solana has exceeded 2.8 in all major timeframes indicating a bullish market.
• The long-term interest in SOL is being stimulated by the influx of developers and users.
• 11.2 million transactions mark 20-week high, boosting SOL’s bullish momentum.

In an updated long/short data, there is a strong bias of Solana (SOL) traders to be on the long side. The information shows a predominantly bullish sentiment, whether on the five-minute timeframe or even one day.