Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
SOL price continues to climb, with Solana’s TVL also hitting a new high of nearly $14 billion. The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup.Bitcoin triggers marketwide rallySOL climbed by more than 6% to hit an intraday high of around $214. The price of SOL is now up a little over 35% over the past week, pushing it closer to its record high of about $222 set in early September.Bitcoin’s run-up to its new....
Related News
The crypto market is buzzing with activity, and while Solana (SOL) continues to see incremental gains, it’s GoodEgg (GEGG) that’s stealing the spotlight. Despite Solana’s 2.1% price increase, GoodEgg (GEGG) has sold over 1.9 billion tokens in just two days, overshadowing many layer-1 cryptos in both excitement and potential. Solana’s Struggles Despite Price Gains Solana […]
Solana gained nearly 60% between August 3 and September 18, with 26% of that coming in just 10 days when the token blew past its long-term resistance around $220 in the second week of September. That said, after creating a new swing high of $253, Solana quickly plummeted nearly 25% in the following week, leading […]
Prominent altcoin Solana was one of the major headliners recently, notching an 8.22% gain in the last seven days, according to data from CoinMarketCap. This positive performance saw Solana climb as high as $150, a price mark last seen in late August. The sentiments around the fifth-largest cryptocurrency are largely bullish, however crypto analyst Ali Martinez has released certain cautionary notes for investors. Related Reading: Solana Liquid Staking Could Touch $18 Billion – Will It Benefit These Altcoins? Solana’s Price Breakout Crucial To Avoid Slip To $85 In an X post on Sunday, Ali....
Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last week’s lows, reclaiming the $82 level and retesting a major resistance. However, some market observers have warned that the rally could be short-lived if the cryptocurrency doesn’t turn a key level into support in the coming days. Related Reading: Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – Here’s Why Solana Price In ‘Consolidation Trap’ On Thursday, Solana surged 2.5% to try to reclaim the $84 area after losing this area on Wednesday night. The altcoin has been trading between....
The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the ETH rally is noteworthy because it comes merely two days after it dropped to $456. Within two days, from its lowest point on November 18, ETH has rallied by nearly 10%. Several key reasons appear […]