Solana (SOL) is experiencing sideways price movement, dampening hopes for a strong October rally. Despite this, there is notable activity surrounding the token, with trading volume and Open Interest (OI) seeing increases. The number of new addresses interacting with the Solana blockchain has also risen, suggesting renewed interest. The token remains locked in a consolidation pattern and technical indicators suggest that the market is currently in balance. While the overall trend shows no immediate upward movement, there is potential for volatility once the token breaks out of its current range. Solana is currently priced at $139.98.
- Content Editor ( cryptonewsz.com )
- 2024-10-11
Solana (SOL) Trading Volume Rises 6% as Uptober Hopes Rise