🌟 Solana Price aims for a breakout at $144 while network income reaches a 2-month high
Solana is trading between $129 and $144, with strong buying volume clustered around both levels
🤯 Daily network income exceeds $4 million, the highest figure since February 21, reflecting increased activity
Solana leads revenue from blockchain applications, with a market share of 70.4% as of April 16, ahead of Ethereum. According to Glassnode, Solana (SOL) is trading within a key price range, with significant support at $129 and nearby resistance at $144. At $129, about 33.7 million SOL have been acquired, representing 5.75% of the total supply.
At the same time, nearly $144 saw the purchase of 28.8 million SOL, which is 4.92% of the supply. Furthermore, in a TradingView 4-hour chart, Solana's short-term price action is limited between $124.70 and $148.05.
At the time of writing, SOL is currently trading near $138.29, just below the key resistance.
