$SOL is trading around $120 after a rally of roughly 18% over the past month. It ranks #7 by market cap at about $70B.
What's driving it:
đŠ Tokenized equities on Solana have hit a record 1.2M holders
⥠Record quarterly transaction count, plus the Alpenglow upgrade bringing faster finality
đ Strong ETF inflows, and Forward Industries just added about 949K SOL, lifting its treasury to 8.5M SOL
đ„ Short liquidations of about $7.7M helped fuel a quick push to $123 yesterday
Levels to watch: $120 is the nearby resistance, and $117 is the support to hold. A clean break above $125 could open the door toward $130.
SOL is still about 60% below its all-time high of $295.9, so is this a recovery or just a bounce? đ
#sol #solana #crypto #Altcoins #Binance
What's driving it:
đŠ Tokenized equities on Solana have hit a record 1.2M holders
⥠Record quarterly transaction count, plus the Alpenglow upgrade bringing faster finality
đ Strong ETF inflows, and Forward Industries just added about 949K SOL, lifting its treasury to 8.5M SOL
đ„ Short liquidations of about $7.7M helped fuel a quick push to $123 yesterday
Levels to watch: $120 is the nearby resistance, and $117 is the support to hold. A clean break above $125 could open the door toward $130.
SOL is still about 60% below its all-time high of $295.9, so is this a recovery or just a bounce? đ
#sol #solana #crypto #Altcoins #Binance