$SOL
It sounds like you're saying Solana ($SOL) is showing strong positive momentum after a long consolidation or downtrend — right?
If that's what you mean, yes, lately $SOL has had a strong bullish breakout. A few reasons for the positive impact could include:
Institutional interest increasing.
New projects launching on Solana.
High TPS (transactions per second) compared to other blockchains.
Positive sentiment around Solana's growth in DeFi, NFTs, and gaming sectors.
Strong recovery after FTX collapse concerns (since Solana had exposure).
Are you looking for a quick technical analysis or more about the fundamentals behind $SOL's strong move?