$SOL Current Situation — Is the Next Move Coming?
Solana (SOL) is currently trading around the $100 area, after a sharp pullback from the $200+ zone seen earlier this month.
But here’s the interesting part 👇
📌 Fundamentals remain strong
• Solana recently activated Transaction V1, increasing maximum transaction size from 1,232 to 4,096 bytes.
• The network recently processed a record 216M non-vote transactions in one day.
• Solana’s real-world assets have surpassed $4B, while tokenized-stock activity continues expanding.
📊 My view:
SOL's price structure currently looks weak in the short term, but network adoption is still growing. $100 is an important psychological level—holding it could give bulls a chance to recover, while losing it could open the door to further downside.
🔥 SOL is at a decision zone.
Would you BUY, WAIT, or SHORT SOL here? 👀
Solana (SOL) is currently trading around the $100 area, after a sharp pullback from the $200+ zone seen earlier this month.
But here’s the interesting part 👇
📌 Fundamentals remain strong
• Solana recently activated Transaction V1, increasing maximum transaction size from 1,232 to 4,096 bytes.
• The network recently processed a record 216M non-vote transactions in one day.
• Solana’s real-world assets have surpassed $4B, while tokenized-stock activity continues expanding.
📊 My view:
SOL's price structure currently looks weak in the short term, but network adoption is still growing. $100 is an important psychological level—holding it could give bulls a chance to recover, while losing it could open the door to further downside.
🔥 SOL is at a decision zone.
Would you BUY, WAIT, or SHORT SOL here? 👀
