After hitting a one-month low, Solana (SOL) has bounced from a critical support zone and is attempting to reclaim a crucial psychological barrier before potentially resuming its bullish rally. However, some analysts suggested that the cryptocurrency could retest new lows if the market volatility persists. Solana Price Retest Major Support On Thursday, Solana lost the…
View More Solana Freefall Ahead? SOL Price Risks Drop To $150 If This Critical Support Fails
Solana (SOL) could be near the long-awaited price discovery phase after climbing to a seven-month high. However, an analyst suggested investors remain cautious, as the market rally is “closer to the end than the beginning.” Solana Eyes Last Major Resistance On Friday, Solana reached a seven-month high of $241.84 after breaking out of its consolidation…
View More Solana Eyes Massive Breakout Amid $240 Retest, But Analyst Issues Crucial Market Warning
An X post by Bonk core contributor Nom (@TheOnlyNom) argues that a new wave of Digital Asset Treasury (DAT) vehicles aimed at SOL could move price more than comparable Bitcoin or Ether treasuries—because of Solana’s smaller market cap, heavy staking that suppresses immediately available float, and the ability for treasuries to buy discounted or locked…
View More Solana DATs Could Move Price 10x Faster Than Ethereum, Expert Warns