💡 Altcoins in action: Solana (SOL)
💰Why does Solana dominate the altcoin market this July?
Solana has surpassed $155 USD and is currently trading near $167.67, confirming a bullish trend. This growth is due to multiple factors:
- The launch of its spot ETF, which attracted institutional investment.
- Expansion of its DeFi and NFT ecosystem, with projects like Jupiter, MarginFi, and Magic Eden.
- Technological advances such as Saga 2.0, a crypto smartphone with a native wallet.
- Low transaction costs and high performance in TPS (transactions per second).
📊 Projects resistance at $171.56, $176.05, and even $187.11, according to volume and momentum analysis.
📱 Uses:
Solana allows staking, Web3 games, decentralized finance, and NFT trading. A robust and scalable blockchain, ideal for active users and developers.
📌 BeInCrypto, Traders Union, Coin Edition