In the early hours of the day, Solana (left) attracted attention with an increase of 7 percent, and settled at the focus of investors. Increased transaction volume, inter -chains liquidity transitions and general improvement in the market rebuild the trust of Altcoin investors. Under the leadership of Bitcoin, the upward crypto currency market brings new expectations with Solana’s price performance. In particular, large capital inflows that shifted to Solana from Ethereum and Arbitrum networks indicate that the interest of investors may be permanent. Critical support and resistance levels determined in technical analysis show that the SOL can switch to a new price range.
Blockchain capital flow is increasing
In the last 30 days, more than 120 million dollars of capital has been transferred to Solana, one of the different blockchain networks. 41.5 million dollars from Ethereum and $ 37.3 million from Arbitrum shows that the network has become an attractive center. This capital mobility is not only a speculative interest; It is also considered a reflection of the trust in Solana’s infrastructure and scalability.
Behind the liquidity inputs, it is also effective that the transaction fees on the network remain at reasonable levels. The registration of $ 46 million in March and $ 22 million in April reveals that the network of the network is still strong. This vitality in the transaction volume may indicate that investors have begun to evaluate medium and long -term opportunities, not short -term.
Technical indicators and price ranges
Another important detail that analysts draw attention to is the support and resistance zones that become evident in Solana’s price movements. In particular, the SOL, which tends to hold on a $ 129 support level, said that it can achieve a new acceleration towards $ 150 if it exceeds the $ 144 resistance point. This scenario is supported by both technical formations and volume indicators.
According to internal data shared by Glassnode, the region of $ 129.79 stands out as the most accumulated area of investors. The protection of this region is considered critical for the sustainability of the rise. The in -day transaction volume exceeding $ 4.59 billion reveals that the market interest is quite intense. Similarly positive signals attract attention on the futures side.
These developments reveal that the Solana network is being revived and that investor confidence is refreshed. The combination of market dynamics with existing technical data reinforces the likelihood of a new upward channel in the left price.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
