Developments like the introduction of bitcoin-based smart contracts and other key on-chain metrics suggest the global cryptocurrency market is in the early stages of another bull cycle, according to Bitfinex analysts.
![Solana [SOL] Shows Bullish Signs Amid Bearish Market Trends: A Potential Reversal?](https://resources.cryptocompare.com/news/77/29561766.jpeg "Solana [SOL] Shows Bullish Signs Amid Bearish Market Trends: A Potential Reversal?")
