Solana is confidently regaining ground: the price has broken through $160 and is heading for the next resistance level at $175. Increased activity in the DeFi and NFT segments of the ecosystem is boosting investor interest.
๐ Key drivers of SOL growth:
โข Increase in TVL in Solana DeFi to $4.5B
โข Growth in volumes on DEXs: Jupiter and Orca are at the top in terms of activity
โข Launch of new meme tokens and activity in GameFi
โข Strong on-chain dynamics: growth in the number of active addresses and transactions
๐ Technically:
โข Support: $152
โข Resistance: $175 and $190
โข RSI on the daily chart โ in the โhealthy growthโ zone, no overheating yet
๐ก What's next?
SOL may continue to grow provided that overall market optimism and ecosystem support from developers and users remain.
๐ฃ๏ธ Are you already in a position on $SOL or watching from the sidelines?
๐ Share in the comments โ long, short, or โwaiting for $140โ?
#SOL #Solana #CryptoNews #Trading #Binance #DeFi #MemeSeason