Solana price steady above key support as active addresses, fees jump

Solana price steady above key support as active addresses, fees jump

Solana price held steady this week as the number of active addresses, transactions, fees, and decentralized exchange volume rose. Solana (SOL) rose to $135 on Friday, up over 40% from its lowest level this month, pushing its valuation to nearly…

Solana (SOL) Signals Bullish Reversal with 50 EMA Breakout

Solana (SOL) is showing strong signs of a bullish trend reversal, supported by technical indicators and price action. Recently, SOL broke above its 50-day Exponential Moving Average (EMA), a historically significant resistance level that often marks the start of sustained rallies. Currently trading at $134, the altcoin has gained over 2% on the day, extending its upward momentum across multiple sessions. The breakout above the 50 EMAnow acting a…

Solana Price Attempts $135 Breakout, Momentum Sends Mixed Signals

Solana price movement is on a strong ascent given the price rising to intraday highs of $135.58 late on Thursday. The coin’s value has risen by 10.4% in the last seven days, which has generated a strong bullish sentiment to steer the long weekend. The upbeat performance by SOL has seen the Solana chain beat all other chains in DEX trading volume in the last week. The chain recorded volume worth $15.74 billion, beating Ethereum’s $14.93. However,…