🚨NEARLY $460 MILLION IN ASSETS MOVED TO SOLANA IN NOVEMBER
Data from SolanaFloor confirms a large capital movement into the Solana ecosystem $SOL in November. Of this, over $300 Million came directly from the Ethereum network
$SOL USDT Perp 143.04 +1.07%
This movement, known as “liquidity migration,” has profound implications for Solana’s position The liquidity migration is a testament to users and traders looking for platforms with higher transaction speeds and lower fees. Although network fees on Solana dropped 20% in November, this increases its cost appeal compared to Ethereum Layer 1
There has been an alarming situation for the last few hours MicroStrategy has transferred almost $16 billion worth of Bitcoin to a Fidelity custom wallet. $BTC
The biggest supply shock comes from PENGU ($284M) and IP ($126M) but the whole month is packed
Here are the dates to mark on your calendar
Dec 1 $SUI ($83M) + #EIGEN ($25M) Dec 10 #ME ($118M) Dec 12 $APTOS ($23M) Dec 14 #IP ($126M) Dec 15 $Arbitrum ($20M) Dec 17 $PENGU ($284M) Dec 19 #Layerzero ($31M) Dec 29 $Optimism($10M)