Solana’s Treasuries Drown in Bear Market Abyss 🐳📉

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Behold, the Solana price, once a proud stallion, now limps through the autumnal chill of the market’s capricious moods. Its treasuries, those noble vaults of SOL, now weep like a forsaken violinist in a rainstorm. Recent reports whisper of corporate treasuries shedding their golden shrouds, their holdings dwindling as if the very sun had forgotten to rise. 🌑

Corporate Solana Reserves Continue To Bleed

Ode to a faltering star: Solana, that celestial body of blockchain lore, now stumbles beneath the weight of its own shadow. Ted Pillows, a bard of the markets, declared on X that the corporate treasuries-those once-mighty citadels of SOL-now sink like stones in a wine-dark sea. Their wallets, once bloated with bullish fervor, now shrivel like old parchment in a damp cellar. 📜

These reserves, once hailed as paragons of patience, now betray their convictions. Balances dwindle in a slow, calculated dance of despair, a tango with the abyss. The institutional holders, those stoic titans of liquidity, adjust their sails but do not flee-rather, they exhale like weary travelers on a long, unending road. 🚶♂️💨

Pillows, our modern-day Cassandra, insists this plunge into oblivion is why SOL’s price languishes. Buying demand? A ghost story told by a campfire now cold. Until these treasuries find their voice again, SOL’s recovery remains a dream deferred. 🛌

Yet, lo! A spark ignites in the darkness. Ali Martinez, crypto’s poet of the charts, claims SOL’s weekly price action hums a bullish hymn. The TD Sequential indicator, that cryptic oracle, whispers of a bullish renaissance. Since March 2023, this indicator has proven itself a prophet-now it beckons Solana toward a bounce, like a moth to a flame. 🔥

SOL Activity Is On The Rise

Amidst the chaos, Solana’s network thrives, a phoenix rising from transactional ash. Solana Daily, that chronicler of on-chain tales, boasts of x402 activity surging like a wildfire. Transactions bloom, participation swells, and the community’s chatter crescendos-a symphony of survival. 🎵

On November 30 alone, $380,000 in transactions danced across the protocol, a 750% weekly leap. The dollar volume flipped like a coin tossed by fate itself. x402 transactions, once timid, now stride boldly into history’s annals. 🏆

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2025-12-03 18:20