The top traders in Solana currently hold mostly long positions, indicating a bullish sentiment in the market. The Total Value Locked (TVL) on Solana has increased by 3.75% in the past 24 hours, suggesting growing demand for the blockchain and potential price growth. Several Solana-based meme coins have also seen significant price surges recently. Solana's price has experienced a 2% surge in the past 24 hours and there are expectations that it could follow the strong performance of its associated meme coins. Technical analysis shows a bullish trend, and if Solana breaches its previous day's high, it could potentially soar by 10%. The increase in TVL and the bullish market sentiment among traders further support Solana's positive outlook.



Other News from Today