Actually I don't believe its masternode holders dumping their coins, masternodes earn around 1.6 XLR daily and with 718 masternodes online that is 1148 XLR being created daily from masternodes. So lets do some maths, we take 1148 x the current price $6.61 = $7,588 which is nothing compared to the amount of volume daily which is around $65k to $70k. Also not everyone would be selling as I'm not selling any of my rewards and I know many people with several masternodes and they ain't selling either so I don't think its masternode holders selling. I think that a few are manipulating the price as there isn't many coins in circulation and can be easily manipulated with just a small supply. Just a rough calculation shows that there is around 500k XLR circulating.
Agree with you, vella. If I remember exactly, total number of Solaris masternodes grew significantly when Solaris price stood at somewhere around $15- $20. I don't see any reason for those Solaris masternode investors to sell their coins (including both original coins in masternodes and rewards from them) at the current very low price of Solaris.
In addition, as everyone can see, the Solaris project has grown gradually, more good things to come. It is another reason why I don't think those guys has sold and will sell their coins at low price.
Wrong thinking.
Let's say I own 10 masternodes earning your 16XLR a day in total. Selling them doesn't have any impact on the price but selling my whole masternodes definitely has.
So I own 10 masternodes that cost me 6k dollars each if I was lucky to buy during one of the dumps. I decide to sell them one by one as long as the sale is profitable. Selling a few k of coins has definitely impact on the price so the price goes down. Then it goes down even more as panic traders sell their coins at a loss. So I buy my masternode coins back at 4-5$ a coin. I don't need to sell all 10 masternodes. one or two may be enough to bring the price down significantly. So I can make a lot more money by playing the trade than holding the coins. And now you can clearly see what is going on and why the price will never reach 100$ a coin, not even 55$ as before. For this one reason only.