TechFlow, April 29 — According to Glassnode data, Solana ($SOL) HODLer Net Position Value reached $9.46 billion on April 28, the highest since March 12, increasing by $4.72 billion (+100%) over the past seven days. Over the same period, XRP's HODLer Net Position Value surged from $920 million to $2.17 billion, a rise of 134.9%. Despite the strong rebound, the HODLer Net Position Values of major crypto assets remain significantly below their cycle highs: BTC (-60.8%), ETH (-60.3%), SOL (-38.4%), XRP (-71.7%). Analysis suggests that the inflow into SOL will provide greater liquidity support for stablecoins within the Solana ecosystem.
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