$SOL

Support Levels:

In the event of a decline, the currency is expected to find strong support at the level of $212.

Resistance Levels:

The first resistance level is at $218, and if it is breached, the currency may target higher levels reaching $225 and $232.

💼 Influencing Factors

Institutional Demand:

Reports indicate an increase in institutional demand for Solana, which may support the upward momentum of the currency.

Technical Developments:

The Solana network is working on technical improvements such as the Alpenglow upgrade, which may enhance its efficiency and attractiveness to developers and users.

Note: Cryptocurrency markets are influenced by many factors, including economic news and technical developments. Therefore, it is advised to continuously follow news and updates.