Solana (SOL) reached $338 million in total locked asset value, setting a new 2023 high.
Bullish signals have begun to appear in the cryptocurrency market. The upward trend that started at the end of September continues at the beginning of October.
Solana has made a resurgence in the emerging market. While the popular crypto project was moving around $20 on September 30, it has exceeded $24 as of today. SOL, which achieved an increase of more than 20 percent, also broke a new record. Solana’s total locked asset value reached $338 million.
Solana (SOL) broke a record in total locked asset value
Decentralized crypto project Solana (SOL) increased its total locked asset value to $338 million. With this amount, Solana reached the highest total locked asset value of 2023.
According to DefiLlama data, Solana’s total locked asset value increased by 4.15 percent in the last 24 hours. With this increase, total locked assets reached 338 million dollars from 324 million dollars.
Increasing interest in the project, Solana’s return to the agenda and the increase in price were important factors. The price of SOL has increased by more than 20 percent in three days.
SOL, which exhibited mobility at a price exceeding $ 24, experienced a 65 percent increase from the lowest point of 2023. According to on-chain data, things are starting to turn positive on the Solana side.
SOL must surpass the psychological resistance at $25.18 to continue the rise. It still maintains its potential to test this point. Breaking the $25.18 resistance may push the SOL price to the $27.40 level. In a possible pullback, the $ 20.30 level may act as the main support zone.
