Solana

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-and-solana-show-promising-gains-in-the-crypto-market/" data-wpel-link="internal">Bitcoin and Solana Show Promising Gains in the Crypto Market</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/revolut-stops-crypto-services-in-the-us-due-to-regulatory-pressure/" data-wpel-link="internal">Cryptocurrency</a></strong> sector tokens continue to record gains under the influence of investors and the leading cryptocurrency, while <a href="https://coin-turk.com/bitcoin-btc-roketleri-atesledi-en-fazla-bu-altcoinler-kazandiriyor" data-wpel-link="internal">Bitcoin</a> (<a href="https://coin-turk.com/piyasaya-guncel-bakis-gunun-one-cikan-kripto-para-birimleri-29-mayis-2023" data-wpel-link="internal">BTC</a>) and <strong>Solana (SOL)</strong> are making steady progress and could indicate even more significant gains in the near future.</p> 
<h2 id="solana-s-recent-test">Solana’s Recent Test</h2> 
<p style="text-align: justify">Overall, Solana has recently broken out of a rising triangle pattern that it had been forming for over two months or since the beginning of 2024. A cryptocurrency analyst known by the pseudonym CryptoJelleNL commented on social media about the matter:</p> 
<blockquote> 
 <p style="text-align: justify">Solana has retested in an alarmingly deep manner and then made a turbo jump.</p> 
</blockquote> 
<p style="text-align: justify">As the cryptocurrency expert also explained, considering such chart pattern movements, Solana, currently the fifth largest asset by market value in the crypto world, is likely on the way to a major bullish rally.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-323716 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/solaan.jpeg" alt="" width="900" height="549"></p> 
<h2 id="current-data-on-solana">Current Data on Solana</h2> 
<p style="text-align: justify">In addition to optimistic price movements, Solana-based decentralized exchanges (<strong><a href="https://en.coin-turk.com/what-is-a-decentralized-exchange-dex/" data-wpel-link="internal">DEX</a></strong>) recorded their best week ever in terms of volume, reaching $11.24 billion between February 25 and March 2. Moreover, <strong>Solana</strong> was trading at a price level of $132.01 at the time of writing. This level represents a 1.19% increase over the last 24 hours and contributes to an 18.96% gain over the previous seven days, as well as a 35.95% increase.</p> 
<p style="text-align: justify">Considering all these circumstances, the smart contract platform Solana is ready for even higher gains, provided it maintains its upward momentum and other factors such as volumes in its DEXs continue to support this effort. Consequently, while cryptocurrencies like <a href="https://en.coin-turk.com/expert-name-expresses-his-opinion-bitcoin-direction-25000-or-30000/" data-wpel-link="internal">Bitcoin</a> and Solana are increasing their gains, signs of a major bullish rally in Solana can be observed. The increase in volume on decentralized exchanges and price stability indicate the possibility of higher gains in the future.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-and-solana-show-promising-gains-in-the-crypto-market/" data-wpel-link="internal">Bitcoin and Solana Show Promising Gains in the Crypto Market</a></h5>

Bitcoin and Solana Show Promising Gains in the Crypto Market

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