Solana (Left) increased 15.4 percent in the last 24 hours and exceeded the $ 200 threshold for the first time since July 24th and for the second time since February. CryptoappsyAccording to data, this price level stands out as a psychological and technical threshold. Kronos Research Investment Director Vincent LiuHe said that the break of 200 dollars will strengthen the upward momentum by increasing the receiving appetite in Altcoin.
200 dollars threshold was exceeded in Solana
According to data LEFTIn this cycle, it became one of the few Altcoin, which has risen to the highest level of all time (ATH) in January.
However, it has experienced performance pressure in recent weeks, especially from 14 July Ethereum $4,676.06‘s (ETH) superiority drew attention. The data shows that ETH has been 20 percent more powerful against the left in the last year and 25 percent stronger since the beginning of the year.
With the influence of accelerating purchases, Solana is currently pricing over the $ 200 threshold. With up -to -date data altcoin It is traded for 201,27 dollars.
Mobility in the Altcoin market was decisive on the rise
On the other hand EthClimbing over 4 thousand 700 dollars and saw the highest levels since the AC, which he recorded in November 2021 with approximately 4 thousand 878 dollars, and Bitcoin Bitcoin since the beginning of the year 
$120,676.68He passed in front of. The revival in ETH has spread throughout the Altcoin market. In the last 24 hours, ETH 9.7 percent, XRP 5.2 percent, BNB 6.4 percent, Dogge 12.5 percent, the island increased by 13 percent, BTC has shown a limited performance to 1.6 percent. This broad-based price mobility is telling that risk appetite shifts from large-scale coins to the middle-large market to precious coins.
Corporate treasury accumulations on the Solana front also draw attention. TUZINA TREATMENT COMPANY ON Tuesday Defi Development Corp63 thousand dollars per day from the reserve of 1.3 million left (over 260 million dollars) reserves 63 thousand dollars per day shared. While the total left assets of the public companies are approaching 675 million dollars, it is stated that the new treasury companies that provide funding and purchasing in recent weeks provides additional support to Altcoin.
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.
