Morgan Stanley's launch of SOL trading on E*Trade
brings institutional access as network activity holds steady while investors realize losses.
Institutional access meets retail pressure
Network activity remained robust over the past day with approximately 87.7M transactions and 5.48M active addresses. The Jupiter platform's addition of Pokémon card trading
expands the ecosystem's use cases.
Trading activity normalizing
Trading volume declined roughly
↘13.51%
over the past 24 hours. The buyer-seller ratio stood at 0.67, with 1.50x more sellers than buyers during the same period.
Forced selling concentrated on one side
Traders betting on price increases saw approximately $385.9M in forced selling versus approximately $48.5M for those betting on declines over the past 24 hours, an 8:1 ratio.
Investors realizing losses
Investors were selling at a loss over the recent period with SOPR at 0.9952. Investment fund flows showed roughly
↘$1.14M
moving out over the past day.