30563252048 Great news, I heard that it has reached a cooperation with Kazakhstan and plans to establish an economic zone based on SOL in Central Asia.
It is important to know that the Central Asian region accounts for nearly 20% of the total market transactions, which presents a significant development opportunity for Solana.
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The performance of the Solana network is also quite impressive, with daily active users exceeding 1 million, surpassing competitors like Ethereum, Avalanche, and Polygon. The chain can handle over 100 million transactions daily, with DeFi, NFTs, and various consumer applications, making the ecosystem vibrant.
Currently, the price of SOL is around 134 USD. Although there has been a slight short-term pullback, the trading volume has increased, indicating that institutions are actively positioning themselves.
From a technical perspective, the RSI indicator has rebounded from the oversold zone, with 129 USD becoming a key support level. If it can break through the 137.5 USD moving average resistance, SOL might reach 148 USD, 152 USD, or even 156 USD.
Overall, Solana is developing quite well now, with favorable policies, strong fundamentals, active on-chain activities, and technical support, making a short-term rebound quite likely.
Of course, whether it can reach 156 USD is a matter of differing opinions in the market; some believe the rebound momentum is strong, while others worry about potential market manipulation.
But regardless, Solana's movements in Central Asia have added quite a bit of merit to its future development, and I will continue to pay attention.