Solana Latest News: Solana Sparks Strong Comeback Mood, Eyes $210+ Surge


Solana Latest News: Solana Sparks Strong Comeback Mood, Eyes 0+ Surge


Solana demonstrates recovery, and its price is expected to be between 210 and 253 in 2025 with increasing momentum and DeFi expansion.

Solana (SOL) is indicating that it is in a major recovery mode, with the price maintaining a stable range around the $180 mark. 

The market now shows market momentum with buyers buying momentum that have propelled SOL above the 190 mark in a fresh momentum. 

The growth indicates the possibility of a bullish trend having price levels of between 210 and 253, as indicated by technical rebounds and increasing on-chain transactions.​

Source – X

Bullish Signals Rise, Eyes on $210+

Solana regained some stability at just over 180, at which it was able to maintain stable demand after losing its footing at 253. 

The latest price activity created higher lows around this region, and this increases the hope of a breakout beyond resistance around 200. 

A prolonged victory above this region might be the beginning of a move to $210–253, supported by growing volumes of trade and decreasing bearish popularity.​

Statistics indicate that the SOL market has challenged the support of the $180 severally times, which is an indication of consolidation. 

The 4-hour chart showed a temporary recovery called the Bullish Beauty phase, although resistance at around 240 curtailed the initial gain.

Nevertheless, the fact that candle closes are above 190 indicates that the traders are becoming more confident and that the market will continue to rise.​

Ecosystem Growth Fuels Optimism

The decentralized finance (DeFi) industry within Solana is thriving, and it is introducing liquidity and participation. 

The Total Value Locked (TVL) has increased to 11.474 billion, by 1.65 percent, in 24 hours, following decreases in 2023. 

The active addresses and decentralized exchange volume are on the rise each day, which is reinforced by the price strength.

On-chain metrics add credence to the recovery story. The capitalization of stablecoins is 14.657 billion, and the fees are approximately 800,000 per day. 

The increased trading volume and institutional interest are additional indications of momentum in an ecosystem. 

The corporate entities possess an excess of 20 million SOL tokens, which indicates long-term commitment.  These considerations are the source of faith in a bullish direction to the $210-253, and possibly even higher.​

The post Solana Latest News: Solana Sparks Strong Comeback Mood, Eyes $210+ Surge appeared first on Live Bitcoin News.



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