NicRik
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$SOL Solana ($SOL ) is on the rise, approaching the $160 mark driven by bullish indicators.
Analyst Ali Martinez highlights a symmetrical triangle pattern on the 1H chart, predicting an 8% increase to $164 if SOL surpasses $153. The 24-hour volume of SOL exceeds $4 billion, and its market capitalization is nearing $82 billion.
The DeFi ecosystem is also thriving, with a Total Value Locked (TVL) of $8.7 billion, led by $2.7 billion from Jito. The recent launch of the SOL and Staking ETF (SSK) shows significant inflows, further boosting investor confidence.
The SEC's request for the documents to be resubmitted suggests a possible early approval of investment products based on SOL, adding to the bullish sentiment.
$SOL
Analyst Ali Martinez highlights a symmetrical triangle pattern on the 1H chart, predicting an 8% increase to $164 if SOL surpasses $153. The 24-hour volume of SOL exceeds $4 billion, and its market capitalization is nearing $82 billion.
The DeFi ecosystem is also thriving, with a Total Value Locked (TVL) of $8.7 billion, led by $2.7 billion from Jito. The recent launch of the SOL and Staking ETF (SSK) shows significant inflows, further boosting investor confidence.
The SEC's request for the documents to be resubmitted suggests a possible early approval of investment products based on SOL, adding to the bullish sentiment.
$SOL
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