According to the data we have obtained as Kriptokoin.com, Solana (left) gained 4 %in the last 24 hours and reached $ 179.70. Recently, the left, which declined to $ 161.54, began to give rise signals with the recovery of the market. So, what’s behind this sudden rise?
Why did the solea price rose?
Solana became part of the overall market recovery with Bitcoin’s reached $ 97,800 and the BNB rose to $ 667.10. The left transaction volume increased by 10 %, which shows that corporate investor interest is strengthened.
On the other hand, the large amounts of whales in large amounts and stakes played an important role in the price increase. In particular, a whale stacted 174,767 left (about 29.88 million dollars). Such transactions often increase investor confidence and can positively affect price movements.
What’s next for Solana?
According to technical analysis, the left price experienced a 44 %correction from $ 260. However, $ 168 remains important as a critical support level. If there is a strong leap from this level, the price may rise to $ 190.
If the left $ 190 exceeds the level, the price may rise up to $ 200- $ 210. However, if the $ 168 level is broken, the left may decrease to $ 155 and then to $ 140. Considering the market volatility, investors need to follow these levels carefully.
Will the rise of solana continue?
According to the data we follow as kriptokoin.com, the price movement of SOL will depend on the interest of whales and corporate investors. If the market remains positive, solana ETF discussions and increasing adoption can test more than $ 200. However, if the drop pressure increases, the SOL has the risk of losing significant support levels. The $ 168 level may be a critical turn, and this support may cause investors to sell panic. In such a scenario, the price may be withdrawn to $ 155 and a deeper decrease of up to $ 140 may occur if it is not protected.
On the other hand, the increasing institutional interest for the Solana ecosystem and the list of Coinbase’s left -term operations may have positive effects on the price in the long term. In addition, the high trading volume and speed in the Solana block chain make it an attractive option for many investors. If these factors combine with the market recovery, it may be possible for the Left to test over $ 200 and even start a new bull run. Therefore, investors need to carefully follow both technical levels and market sensitivity. Solana’s future movements will depend on both the general trend of the crypto market and the interest of corporate investors. If the procurement pressure continues, the next weeks can be very active for the left!
