Solana (SOL) has seen a 21% increase in the past 30 days, reaching a market cap of $115 billion. The trend for SOL remains undefined, as indicated by its DMI and EMA indicators. Whale activity has remained high, with addresses holding at least 10,000 SOL near record levels, suggesting continued interest from major investors. The ADX value for SOL is currently at 19.7, indicating a recovering downtrend but still a weak and undefined trend. The number of SOL whales has increased, reflecting strong confidence among major holders. The current trend for SOL remains undefined according to its EMA lines. SOL has managed to hold support around the $229 zone, but if this support is lost, the price could drop further. If an uptrend is regained, SOL may test resistance at $271 and could potentially reach $295 or even surpass $300 for the first time.



Other News from Today