Crypto News

Solana could finish Cripto Market Limbo Rally, Eyes $ 150

Cripto market insecurity results in a negative-to-year return for Altcoyine in the Top 10, including Solana. A terrible feeling in the middle of a merchant and economic relegation from the tariff announcements of President Donald Trump, Solana Buckes, on the market of permanent rise in the last 10 days.

Solana (Salt) The price could be given an incentive from the decision of the American Federal Reserve to start reducing interest rates soon. Traders expect a decrease of three to four quarters of the percentage in 2025. Years.

Solana price

Solana ended its trend of falls 10. March and consolidates about $ 135, a key level for Etherum Alternative token.

At the time of writing, salt trades from $ 138.75.

Salt has gathered almost 20% nearly 8% in the past week and almost 8%. With $ 125.82, which is Altcoin support level, coincides with the upper bound of the unregulated zone on the SOL / USDT price list.

Two key appearances of swing, RSI and MACD support the bullana bullani. Green Histogram The bar above the neutral line and RSI slopes upward reading 56 suggest a basic positive momentum in Sol Posttend price.

Solana could gather 13.33% and test the level of $ 152,90, resistance to keys and previously key support for Altcoin. If Solana successfully switches the level of $ 152,90 from resistance to support, depending on the resistance to $ 180, sticky resistance to Altcoin throughout March and the first two weeks in April 2025. Years.

Solana Sol
Salt / USDT Daily Map Price | Source: Cripto.news

Sol analysis on chain

Data on the chain from Nansena compares the activity across the Solana, the base and ethereMa. Salt leads to over 4 million active addresses in the last seven days. The base is the second and Etherum is the lowest.

Senior number of active addresses shows significant relevance and demand among market participants.

Solana Sol
Active addresses in Solana vs. Ethereum v. Base | Source: Nansen

By comparing Dex volume over three chains, saltworks leads to over 5.48 billion dollars, while Etherum ranks another to $ 975 million, followed by a base with 465 million dollars.

Solana Sol
DEX VOLUME ON SOLANTS AGAINST ETFEREUM V. Base | Source: Nansen

In terms of transactions, Solana leads 52 million transactions over the past seven days, while eating and basic lags, according to Nansen. This is in line with data for active addresses.

Solana Sol
Transactions on Solani vs. Etherum v. Base | Source: Nansen

In terms of fees that are generated from the best 5 chains, Solana is otherwise with an increase in active addresses of 17%, almost 9% of the transaction increases and 42% of the benefits that are generated in the last seven days, per long-mentioned data.

Solana Sol
Fees generated with the best 5 chains Source: Nansen

Data on SENMENT show a large spike in the social authorities on Friday, 18.30% from 8.30%, 18. to 21.59%, 18. April. In addition to the growth of social domination, a total open interest in Solana climbed the saltworks in Solana.

This implies that the total value of open long and short places in Solana increased in the same time frame, supporting the thesis for the meeting in salt prices.

Solana Sol
Solana analysis on chain Source: Sounder

Performance for weekly price prices

Griscale, one of the largest alternative managers for the property fund compared the return for 10 cryptocurries in a week. The data show that Solana climbed to 10.5%, while the return is negative 30.6%, at the market capitalization of 69 billion dollars.

Solana leads the first 10 cryptocurrent, its weekly winnings, the KSRP brings during transmissions on the day Sol Lags. FlashCras in the price of bitcoin and market correction in Criptou, dragged salt price, deleting gains of 2024. Years and contribute to negative return in negative years.

Solana Sol
1 week back for top 10 cryptic funds Source: Gray

Solana vs. Layer 1 and chain chains

When Solan network income is compared with layer 1 and layer chains 2 like Ethereum (El), Bitcoin (Btc), Tron (Tron) Shows Sol outweigh its competitors.

Volana revenues for the first quarter of 2025. It amounts to 819 million dollars, Etherum and the throne are in the first three, while Bitcoin lags with $ 51.97 million in K1 income.

Solana Sol
Revenues from Solan Network Compared with L1 and L2 networks Source: K

When compared in the past seven days in the last seven days, it shows that the competitor continues to lead and regularly among the top 5 chains, according to Nansen.

Sol is still dominated by competitors with the highest generation of income. If salt value is equated with income generation, the token is probably undervalued and could give further winning next week and in the second quarter of 2025. Years.

Solana Sol
Solana comparison with competitors for generation revenue Source: Nansen

Catalysts by driving gains in Solana

Solan network developers are not alone in their efforts to scale salt infrastructure to make it faster, more resilient and scalable.

Coinbase, one of the largest centralized exchange, announced the upgrade of the Solana transaction processing system in a way that increases the processing permeability, improves performance and optimizes operational controls.

The coin shared an update on X and informed the Community of the merchant of his commitment to increase the network infrastructure of Solana to increase reliability for end users.

The exchange discovered plans to continue investing in Solana’s network and its development in the future.

Submitted by Solane ETF and their progress in H1 2025 are another key mover in the market. Approval from the American SEC could catalyze the meeting in Solana in the second quarter of the year.

Detection: This article does not represent investment advice. The content and materials presented on this page are only only for educational purposes.



https://crypto.news/app/uploads/2025/03/cropped-crypto-news-Solana-option08-1.webp

2025-04-19 20:30:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button