Here are Solana’s key support and resistance levels to watch
Solana (SOL) has emerged as a standout performer in the cryptocurrency market, with its price surging over 11% in the past week. This impressive rally has outpaced the gains of larger cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), pushing SOL to trade above $180, a new three-month high. Several key factors have driven this remarkable performance, including significant whale activity, rising expectations for a possible exchange-traded fund (ETF), and a substantial increase in the total value locked (TVL) on Solana’s network. In this context, cryptocurrency analyst Rekt Capital highlighted that, based on technical indicators and historical performances, Solana is poised for a possible rally to claim the $202 mark. Picks for you Kai Cenat's net worth 2024: How rich is the popular Twitch streamer and YouTube comedi...