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The price of saltworks is increasing 36% of its crypto in Crash Lovs – is 180 USD Sol Next Station?

Solan source token salt (Salt) Failed to maintain your momentum after reaching $ 134. April, but the data assortment indicates that Allcoin rally not over. Salt Price is currently 57% of its all time, partially due to the sharp decline of its activities, but some analysts state the growth in sales networks as a catalyst for continuing in the short term.

The price of saltworks is increasing 36% of its crypto in Crash Lovs - is 180 USD Sol Next Station?
Blockeccains ranked by the total value of locked, USD. Source: defiles

Solana has established itself as the second largest block for the total value of locked (TVL), with $ 6.9 billion. After receiving 12% compared to seven days ended 16. April, Solana moved ahead of competitors such as Tron, Base and Berachain. Positive signs include a 30% deposit increase in Sanctum, an application for liquid state and 20% growth in Jito and Jupiter.

Volana Dex Volume Switches Etherum Slow-2s

It could be argued that Solanav TVL is roughly corresponded to Etherum layer-2 ecosystem in deposits. However, this comparison looks at the strong position of Solana in a decentralized exchange (DEK). For example, in seven days ended 16. April, trading activity on Dapps Solana amounted to 15.8 billion dollars, crossing the combined amount of Etherm scaling solution for more than 50% in the same period.

The price of saltworks is increasing 36% of its crypto in Crash Lovs - is 180 USD Sol Next Station?
Blockins ranked from 7-day DEX volumes, USD. Source: defiles

Solana regained the upper place in DEK activities, exceeds Etherum after a 16% win for seven days. This is supported by 44% increased volume to pumps-entertainment and 28% increase in Raidium. In contrast, the quantities declined in three largest Etherum Dapps-Unisvap, liquid and finance curves. A similar trend occurred on the BNB chain, where pancakes, four memes and Dodo saw reduced quantities compared to the previous week.

It would be dishonestly measure solanium growth only by a dex performance because other Dipps handles many smaller quantities. For example, ondo funding tokenized Total funds of $ 250 million in the Solana network. Meanwhile, exponent, a Yield Farm Protocoldoubled its TVL in the last 30 days. Similarly, the sinatra yielding platform has experienced a leap of 43% in TVL over the past week.

The price of saltworks is increasing 36% of its crypto in Crash Lovs - is 180 USD Sol Next Station?

Synatra Dapp Screenshot. Source: COINTELEGRAPH

Analysts are convinced that Solana Spot Exchange Fund (ETF) will be approved in the United States in 2025. years. However, expectations for significant inflows are limited due to general lack of interest from institutional investors and recent poor performance similar etfreum ETF instruments. If the ETF point was approved, it could be strengthened by Solani’s presence – especially if digital stock plans of the Digital Fund of the American Government come into the fruits.

Related: The Fintech Janover real estate doubles Solana Holdings with $ 10.5 million

Investors with impatience expect a complete revision of the crattles of American federal agencies, at first, 7. April. However, after Missing this deadlineSome journalists suggest that the executive order was signed 7. Marta did not require that they were public. Whether salt appears on that list, there are currently no plans from the government for Bitcoin (BTC) to buy curves.

There is currently a little catalyst to justify a set of $ 180, at the level of 45 days ago, 2. Marta. Without external factors causing a large inflow of new participants in the CRIPTO ecosustem, and only a TVL increase in the market, the share is unlikely that it will only be reduced in order to place a wider market.

This article is for general information on the need and should not be taken as legal or investment advice. The views, thoughts and opinions are presented here, the author itself is not necessarily reflected or represent the views and opinions of the cointelegraph.