Ethereum

Solana

DeFi

Bitcoin

Notable

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/solana-breaks-through-with-notable-price-climb" rel="noopener noreferrer nofollow">Solana Breaks Through with Notable Price Climb</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/solanas-remarkable-price-jump-in-the-crypto-sphere" rel="noopener noreferrer nofollow">Solana</a>‘s (SOL) value has taken a notable leap, escalating above the significant $190 mark, representing a 9% increase in just 24 hours. This rise is significant, given recent price corrections, with the cryptocurrency now trading at $190.82.</p>
<h2 id="signs-of-market-resilience">Signs of Market Resilience</h2>
<p style="text-align: justify">In contrast to previous market slumps, Solana has shown notable stability and hints at a potential rapid market recovery. This positive turn is mirrored in the wider crypto market where <a href="https://en.bitcoinhaber.net/anticipating-the-stars-cryptocons-take-on-bitcoin-etfs-and-market-dynamics" rel="noopener noreferrer nofollow">Bitcoin</a> has surged past $66,000 with a 5% increase and <a href="https://en.bitcoinhaber.net/sec-chair-gensler-provides-sparse-details-on-ethereum-etf-progress" rel="noopener noreferrer nofollow">Ethereum</a> has ascended above $3,500. These developments have injected a wave of optimism across the sector.</p>
<p style="text-align: justify">Despite a 15% drop in trading volume, reaching $7.3 billion in the last 24 hours, Solana’s market value of $83.28 billion ranks it as the fifth-largest cryptocurrency. In the last seven days, SOL has grown by 12%, while the past month’s 81% hike suggests a solid upward trend. The stable trading range between $160 and $208 may signal a consistent growth trajectory.</p>
<h2 id="aiming-for-higher-targets">Aiming for Higher Targets</h2>
<p style="text-align: justify">Advancing towards the pivotal $200 benchmark, Solana displays potential for a significant breakout. If it crosses the $210 resistance, the asset might strive for the $250 target. Conversely, if the trend reverses, SOL could dip to a $160 support level, with further declines potentially reaching $140. Moreover, the increasing DeFi total value locked, now at $4.17 billion as reported by DefiLlama, suggests a decrease in SOL tokens available for sale, possibly easing selling pressure.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/solana-breaks-through-with-notable-price-climb" rel="noopener noreferrer nofollow">Solana Breaks Through with Notable Price Climb</a></h5>

Solana Breaks Through with Notable Price Climb

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