SOL Token Surges 9.23% Amid Market Recovery, Trading Volume Hits $4.7 Billion on Binance

Solana (SOL) has experienced a notable 9.23% price increase over the past 24 hours, rising from a 24h open of $128.81 to a current price of $140.70 on Binance. This price surge is primarily attributed to a broader market recovery following recent geopolitical tensions and U.S. airstrikes on Iranian nuclear facilities, which initially triggered widespread liquidations exceeding $1 billion and heavily impacted long positions across major cryptocurrencies. As the market stabilized, SOL rebounded strongly from a weekly low of $124, with renewed buying interest driving the price above key resistance levels. Despite ongoing volatility and significant resistance near $138 and $151, trading volume remains robust at approximately $4.7 billion, reflecting sustained market engagement and cautious optimism among participants.