Solana Surprisingly Bounces by 10% Despite Massive Spike in Selling Pressure

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Solana Surprisingly Bounces by 10% Despite Massive Spike in Selling Pressure
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$SOL gains 24% to its value in the last two days despite the negativity around the former Ethereum killer

while not being able to find any kind of volume for a proper recovery. However, yesterday's and today's price performance brings us a particle of hope.

In the last two days, Solana surprised the majority of investors with a solid 24% rebound. While the double-digit growth might seem like the beginning of a massive recovery rally, it is too early to celebrate.Despite the strong growth we are seeing on the chart today, traders and investors should remain cautious.

Such a scenario seems unrealistic considering the free 80 million floating on the market that might turn into real selling pressure for the assets and cause a flashcrash, with a high liquidation

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