- Solana soars to $173.27, marking a 14% rise in 24 hours, hitting a 25-month high.
- SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
- RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.
The cryptocurrency industry, buoyed by Bitcoin’s new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solana’s Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.
This sustained buying pressure is a clear indicator of the growing investor confidence in Solana’s potential. Concurrently, this bullish mome…
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