Solana [SOL] may never break its all-time high of $260 which it hit in November, 2021.
Solana’s inability to break its ATH coupled with high inflation rate and low real trading volume suggests potential future crashes.may never break its all-time high of $260 which it hit in November, 2021. Investors buying more SOL fear losing their investment as venture capitals continue to inflate the supply by printing new tokens.
Further investments are increasingly risky as the mounting losses and inflationary pressures could jeopardize Solana’s long-term viability and market performance.The global M2 money supply has reached a record high, flooding the economy with money as the TradingView chart denotes.Despite this trend, Solana did not hit new all-time highs like Bitcoin . This gap suggests SOL is set for significant market decline.
Further the charts provide objective insights, showing that Solana likely peaked this cycle while many remain unaware.
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