$SOL

#solana What do you know about this currency

🔍 Overview: Latest developments of Solana (SOL) and potential growth opportunities

In light of the continuous growth of the cryptocurrency market, the Solana network continues to prove its position as one of the leading technical projects in the blockchain space. Solana relies on a unique infrastructure that allows for high processing speed and low fees, making it a preferred choice for both developers and investors.

📈 Current market performance

The price of SOL currently ranges between $136 – $142, with a major resistance at $145.

The network maintains strong trading activity across major platforms such as Binance and OKX.

Short-term technical indicators show signs of consolidation that may pave the way for an upward wave.

🧠 Factors supporting growth

1. Launch of the "Solaxy" project (second layer on Solana):

The project recently raised $55 million in funding, with an imminent launch expected to enhance interaction on the network.

2. Notable progress in ETF filings:

Several major investment firms have adjusted their ETF applications for SOL, a step that could pave the way for broader institutional adoption.

3. Strategic partnerships:

Global banks have expressed interest in the infrastructure of the Solana network through pilot projects to convert financial assets into digital formats.

📊 Analytical overview

Indicator Value

Current price ~$140

Nearest resistance $145

Nearest support $132

Overall trend Positive volatility with mixed technical signals