Solana Eyes $ 200 as Meme Coins, StableCoins Market Cap Solar

The price of Solana refused back and exceeded an important level of resistance to $ 150 as meme coins in its ecosystem jump. He also rose that his Stablecoin market hat jumped over to record high.

Solana (Salt) It rose to $ 153 on Saturday, the highest level of 3. Mart and 60% above the lowest level this year. This recovery pushed its market caps to almost $ 80 billion.

Rally performed Solana, because investors returned to Meme coins in their ecosystem, strengthening their market capitalization to $ 10 billion, an increase of $ 4 billion from the lowest level this month.

Most solic memes coins rose with official trump (Abdomen), Bonk (Stifle), Dogvifhat (Vif) and penguins penguins (Pengu) Jumps for over 60% in the last seven days. Three of his men’s coins – Trump, Bonk and FartCoin – accumulated a market hat of over a billion dollars.

Most of these meme coins were inspired by Fartken, a popular coin jumping with almost 500% of his monthly orders. Rally also accelerated after Trump called on top investors of his meme coin for dinner in May.

The growing salt memenous coins had benefits from decentralized exchange networks on their ecosystem. These deck platforms, such as Raidium and Orc, have been conducted over 17 billion dollars in the last seven days in the last seven days.

Furthermore, the market cap of all stablecoins in Solana’s ecosystem jumped to a record high of $ 13.1 billion. Also, the number of active addresses on the Solana network jumped to 3.1 million.

Technical analysis of the prices of Solana

The daily shows that sales price bottom at $ 95.27 at the beginning of this month as concern about the jumping of your ecosystem. She refused back and moved above the level of key resistance to 121.17 dollars, was the lowest since September last year.

He formed a reverse form for the head and shoulders, a popular bikovski sign. He also moved the 50-day average movements before. In addition, oscillators such as a relative strength index and MACD still increased.

He also jumped above 23.6% of the Fibonacci’s level of retrebation. Therefore, the coin will continue to increase how the bulls are targeting a key psychological level at $ 200. This goal is about 32% above current level.