$SOLV SOLV – Strong Rally & Key Factors to Watch
SOLV has recorded a notable 5%+ price increase in the past 24 hours, supported by strong buying pressure and bullish technical signals, including a bullish MACD crossover.
The main catalyst comes from the launch of Solv Protocol’s BTC+ product, offering a 5-6% yield on Bitcoin, backed by major institutions. Notably, Binance has appointed Solv as the exclusive BTC yield manager, and the project has also obtained Shariah certification, broadening its appeal to global investors.
However, despite strong inflows, some profit-taking activities have been observed, and community discussions have raised concerns over past market manipulation allegations. This could pose short-term volatility risks, requiring careful consideration from investors.
Do you think SOLV’s rally will continue, or is now a good time to take profits?
