$SOL Performance of the last week:
- Opening price (Aug 8): ~$150
- Current price (Aug 15): ~$160
- Weekly movement: +6.6% (moderate bullish trend).
- Weekly high: ~$165
- Weekly low: ~$145
- Trading volume: Average of $2.5 billion daily (high trading interest).
📊 Key Factors
1. DeFi adoption in Solana:$
- Increase in DeFi and NFT projects on the network.
- Platforms like Jupiter Exchange and Raydium recorded increased activity.
2. Technical News:
- Improvements in network stability (fewer interruptions).
- Expectations for the launch of Solana Mobile Chapter 2.
3. Market Context:
- Bitcoin (BTC)** and **Ethereum (ETH) showed recovery, dragging SOL.
- Possible impact of macroeconomic news (interest rates in the U.S.).
🔍 Technical Analysis (Simple)
- Key support: $145 (buying zone).
- Resistance: $165 (if broken, it could aim for $180).
- RSI (14 days): ~60 (neutral, no overbought yet).
🚀 Outlook:
- Short term: Will depend on the $crypto market sentiment.
- Long term: Solana remains one of the most active blockchains in development.
