Solana Shows Strong Signs of Growth Solana (SOL) is showing positive price movement. It had a daily trading volume of $3.1 billion, a +97.16% change. In the last 7 days, the price rose by about 2%. This means the coin is getting stronger in the market.

What’s Happening Now?

  • SOL Funding Rate: Mostly green, which means more traders are betting on the price going up. But it's also been jumping between red and green, showing high volatility.

  • SOL Liquidations: Dropped from $50 million (on June 5) to just $3.5–$7 million. This means fewer big sell-offs and more stable trading.

Price Support and Resistance Even after a 17.96% drop this year, Solana is holding strong above $150. It now ranks #6 by market cap, with a value of $81.49 billion and a 2.41% market dominance.

Since April, Solana has been moving in an expanding channel pattern, often a bullish sign. This suggests more growth could come.

What Do the Technical Indicators Say?

  • MACD: The trend is slowly turning bullish, which may signal a price reversal.

  • Bollinger Bands: Show rising volatility. The price is moving from support to a bullish range, which means more buying interest.

🚀 How High Could Solana Go?

  • Short-Term Target: $158

  • Next Major Resistance: $189

  • Bullish Goal: $200

  • High-End Prediction (this quarter): $227

If adoption increases and crypto sentiment stays strong, Solana could break past these levels soon.

⚠️ Support Levels to Watch

  • First Support: $150

  • Stronger Support: $135

  • Last-Ditch Support: $127

If more traders start selling, the price could drop to these lower support zones.

Final Thoughts Solana is showing strength despite past corrections. If bullish trends continue and volatility stays in check, SOL could reach $200 or higher in the near future.

$SOL

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