Fidelity Flags 516% Solana Rebound Signal With One Major Caveat
BeInCrypto
Fidelity reports that Solana's current market conditions historically precede a 516% rebound, though it warns this past pattern may not repeat.Summary
Fidelity Digital Assets reports that Solana (SOL) is in a 'Capitulation' zone, with its Net Unrealized Profit/Loss (NUPL) metric at -0.67. Historically, this level has been followed by a median one-year return of 516%; however, Fidelity cautions that this data is based on a limited historical sample and may not be predictive of future performance. Despite the price decline, the report notes that Solana's network activity, including active addresses and stablecoin volume, has surged, suggesting the platform is evolving toward more sustainable, mainstream financial usage.
(Source：BeInCrypto)