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There’s new activity in the Solana ecosystem.
Recently, I noticed some interesting trading data for a token $just1$ on the Meteora DEX—the buy volume over the past 24 hours reached $48,657, while the sell volume was only $20,149, making the buy-to-sell ratio about 2.4:1.
Looking at the capital side: the current liquidity pool size is $78,563, and the market cap has climbed to $653,561. With this buy-sell pressure difference and the liquidity depth, the short-term trend could be something to watch.
That said, with a pool of this size, volatility is definitely high, so just keep that in mind when looking at the data.