Today, Solana (SOL) continues to hold its market positions, trading in the range of $123.50 – $126.28. Despite short-term fluctuations, the cryptocurrency demonstrates positive news and growing interest from large players.
🔹 Major events of the last few days:
✅ Launch of LaunchLab by Raydium – a new platform for launching tokens on the Solana network, which will help startups attract funding.
✅ Institutional interest – FalconX, together with StoneX, conducted the first block trade of futures on Solana on the CME Group platform. This enhances trust in SOL among large investors.
📊 Technical analysis:
🔻 Support level: $123.50
🔺 Resistance levels: $126.28 and $130.64
If the price holds above support, we may see a bounce and increase.
💡 What does this mean for investors?
👉 Increased trading volume at the support level may indicate accumulation of positions by large players.
👉 Solana remains one of the top platforms for decentralized applications, giving it good prospects for the future.
📢 Do you have SOL in your portfolio? Do you think it will continue to grow? Share your thoughts in the comments! ⬇️🔥 $SOL $BTC $ETH
