đ Weekly Performance: Is SOL Rising?
SOL/USDT is up by ~13.6â13.7% over the last 7 days â strong upward momentum this week.
TradingView data confirms a weekly increase of 4.46%, and another source cites an increase of 11.01% â the differences may arise from the timing of data collection.
CoinMarketCap's historical USDT chart shows consistent gains: starting the week around 144.7 USDT, rising to ~151.0 USDT by today â a **net weekly gain of ~4.4%**.
đ Why the Percentage Difference?
The overall weekly change depends on the selected data windows (7 days, calendar week, weekly close).
Despite discrepancies, all sources agree that Solana is in positive territory this week.
$SOL
SOL
151.12
+2.64%
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đ Key Factors Behind SOL's Weekly Surge
1. Broader crypto market recovery â Altcoins, especially layer 1 tokens, are recovering with positive sentiment.
2. Technical reaction from support â SOL hovered around $140 before gaining momentum near $150â$155.
3. Ecosystem developments â Renewed interest in Solana's on-chain growth, DeFi activity, and speculation around ETFs contribute to the bullish case.
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đ Technical and Trend Overview
Short/medium-term trends: Neutral to slightly optimistic on daily charts.
Weekly outlook: Indicators tend to be bearish, showing caution at higher levels despite the recent rise.
Key technical zones:
Support: ~$140â145 â remained firm mid-week.
Resistance: ~$155â158 â approaching this zone now.
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đ§ Verdict: Should You Expect More Upside?
Yes, SOL/USDT gained this week, likely due to the overall market recovery and technical bounce.
Watch for $155â158: a breakout above may continue the trend; a failure here could lead to a pullback.
Stay tuned to broader crypto market trends and specific Solana news (DeFi growth,
