$SOL $SOL

Solana ($SOL) has become one of the most attention-grabbing coins in recent months. With the ability to process thousands of transactions per second and very low gas fees, Solana is touted as one of the main competitors to Ethereum. Developers choose Solana for its speed in supporting DeFi and NFT projects. From a technical perspective, it also shows a fairly strong price structure, especially when experiencing consolidation after a significant rise. The best entry strategy can be executed when there is a breakout from the daily resistance zone or during a pullback to valid support. For scalpers and swing traders, this coin provides many opportunities thanks to its volatility. With the continuous growth of its ecosystem and community, $SOL is worth keeping a close eye on in the portfolio. However, risk management must be prioritized to avoid getting trapped during sharp corrections.