Solana's profitability has significantly declined, with 79.6% of its circulating supply now in loss as the price hovers around $126.9. According to Glassnode, the Percent Supply in Profit has fallen to approximately 20%, indicating a substantial structural reset after a period of high profitability.
Despite this downturn, Solana continues to attract institutional interest and maintain robust network activity. The blockchain has recorded over $1 trillion in decentralized exchange (DEX) volume this year, underscoring sustained market engagement.
Solana Profitability Plummets as 79.6% of Supply in Loss
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