![]() ![]() ![]() The emergence of a golden cross, where the 50-day SMA crosses above the 200-day SMA, adds to the sentiment. Solana’s price currently trades above the 50-day and 200-day Simple Moving Averages (SMA), indicating a bullish sentiment. Bulls successfully breached significant resistance levels at $51 and $68, achieving a new peak at $83.10. The Solana price has demonstrated resilience, indicating a consistent upward trend. The Solana Price: Bulls Poised For Further Gains SOLUSD Chart Analysis. Each time they sell the meme coin back into Solana, they effectively trigger a surge in buying pressure. SOL hit a 20-month high to overtake XRP as the 5th-largestt cryptocurrency by market capitalisation, a feat attributed to its flourishing DeFi ecosystem and the excitement surrounding meme coins.Īs investors rush to discover the next meme coin with the potential to transform modest investments into substantial gains, they commonly acquire Solana as the base asset before exchanging it for their preferred meme coin. EST with trading volume rocketing 106% to 4.06 billion. The Solana price surged 11% in the last 24 hours to trade at $83.06 as of 7:03 a.m. ![]() Join Our Telegram channel to stay up to date on breaking news coverage ![]()
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