Solana’s price has gained significant momentum over the past week. It has risen by 10% amid the improving sentiment across the broader cryptocurrency market. This renewed optimism has propelled the coin upward, and with bullish momentum gaining strength, SOL appears poised for a sustained rally. Market Momentum Turns in Solana’s Favor SOL’s double-digit rally in…
Popular altcoin Solana has seen a modest recovery, climbing upward since August 2. Despite earlier weakness, the token has since rallied nearly 10%, reaching $171.91 at press time. The uptick suggests a potential shift in sentiment, with technical indicators hinting at a continuation of the uptrend. SOL Price Recovery Gains Steam Readings from the SOL/USD…
Popular altcoin Solana has struggled to maintain upward momentum since rallying to a cycle high of $206 on July 22. Over the past week alone, the asset has declined by 14%, reflecting the dip in short-term investor confidence. However, on-chain data suggests that the coin might witness a near-term recovery, with early signs pointing to…
Solana’s recent price action has been marked by a slight decline, as the cryptocurrency failed to maintain support above the $200 level. While the market sentiment appears mixed, signs suggest that Solana could potentially recover and climb higher. However, the next few days will be crucial to determine whether it can regain momentum or face…
Solana reasserted its dominance as one of the resilient large-cap altcoins, riding on the wave of July’s broader market rally. Closely tracking Bitcoin’s upward momentum, SOL surged past the $200 mark to hit a cycle high of $206.19 on July 22. This price rally triggered a spike in on-chain activity across the Solana ecosystem, pushing…
Solana (SOL) recently attempted to break the $200 mark but failed as investor sentiment shifted. The altcoin, after briefly surpassing this level, has been unable to maintain momentum. Now, Solana’s price is facing further declines as market conditions weaken and investor behavior changes. Solana Investors Are Bearish The Liveliness metric has shown a sharp increase…
Solana (SOL) has experienced a strong rally, pushing its price to a multi-month high and briefly surpassing $200. However, despite its recent success, Solana now faces a critical challenge from its investors. The issue stems from the growing profit-taking sentiment that could trigger a reversal in price. Solana Profits Pile Up The Net Unrealized Profit/Loss…
Solana (SOL) price is trading with a bullish bias, riding the wave of positive sentiment toward altcoins. However, analysts say this may be the calm before the storm as SOL demonstrates weakness across all key pairs. A prevailing capital rotation is happening, favoring high-fundamental and liquid altcoins. However, could some miss out on the perceived…
Solana (SOL) has surged nearly 25% over the past week, riding the momentum of a broader crypto market rally that has reignited bullish sentiment across major altcoins. Now trading at price levels last seen in February, SOL is attracting renewed interest from traders and investors. However, on-chain data suggests not everyone is convinced the rally…