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Reading: Why is the expectation of rise in Solana?
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EdaFace Newsfeed > Latest News > Altcoin News > Why is the expectation of rise in Solana?
Altcoin News

Why is the expectation of rise in Solana?

vitalclick
Last updated: April 17, 2025 10:21 pm
24 hours ago
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Solana has been recovering recently. In a short period of ten days, a 40 %increase in the left price was observed. Market participants expect the price to rise in the coming days.

Solana price performanceLeft Coin Comment

Solana price performance

When the positions opened on the Binance platform are examined, approximately 71 %of the participants are expected to increase the price. This is considered as one of the main reasons for Solana’s last ascension movement.

Analyst Ali Martinez: “The majority of the traders on Binance felt positive about the price of Solana.”

The interest of corporate investors’ interest in Solana was observed. For example, a real estate fintech’s left token purchase was remarkable and has been spoken for a few days. Purchases are interpreted as an indicator of confidence in the market. Financial infrastructure providers, Service Developments for Solana network also support this trust.

The liquidity, which was transferred to the Solana network from other crypto networks, has reached a figure of over $ 120 million in the last 30 days. It is seen that the transfer from Ethereum represents the highest share. This liquidity flow plays an important role in strengthening Solana’s position.

Left Coin Comment

According to recent analyzes, solana began to exhibit a tendency to rise by going out of the formation. The increase in RSI value shows that the market positive comments have increased. The price of about $ 130 of the price and the resistance zones between 160 and $ 180 give forward signals.

Market participants say that increasing transaction volume and liquidity movements positively affect Solana’s performance. It is stated that investors expect the price to exceed the critical resistance points by maintaining the current level. These developments are evaluated in a way that can affect long -term investment plans as well as short -term purchase strategies.

The observed data reveal that Solana is closely monitored by both individual and corporate investors. Technical indicators and increasing liquidity flow are emphasizing that investors should pay attention to risk management while creating positive signals in the market. The fact that market conditions may be variable is also included in these evaluations.

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.

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