๐ Solana (SOL) Surges 6% Amid Bullish Reversal & DeFi Momentum! ๐๐น
Solana is making waves again! ๐ SOL jumped 6.3%, rising from $159.69 to $173.03, showing a powerful bullish reversal backed by institutional activity and DeFi growth.
๐ Key Highlights
โ
+23% gain in 1 month โ SOL now trades at $167.37
โ
Broke resistance at $166.87 with strong volume around the $167โ$170 zone
โ
Institutional signals โ $24M treasury purchase by DeFi Development
โ
$35.6B+ weekly DEX turnover on-chain fueling demand
โ
Uptrend confirmed: higher lows & highs with momentum acceleration
โ
Support held at $160.34, despite a minor 1.35% correction to $169.87
๐ Analyst Watch:
All eyes on $177 resistance. If SOL holds above this level, next stop could be $184+. Final hour volume spikes suggest accumulation, not liquidation.
๐ Even with global trade tensions, Solana stands strong โ proving again it's more than just hype.
