$SOL | Interesting observation.
Despite bearish price action, more and more
$SOL is staked. This screams investor confidence.
Staking tokens during a bear market is a very common and rational tactic among long-term holders.
Here is why:
1. Earn yield while prices are low
2. Avoid emotional selling
3. Tax advantages
Solana investors are increasingly locking up their tokens. Are they speculating on a bearmarket?