Solana demonstrates breakthrough to $ 150

The price of Solana SOL $255.16 Solana 0.20% Market capitalization $121.11 billion VOL. 24 hours $1.25 billion has reached a new high of $ 150. The breakthrough of Anatoliy Yakovenko’s native blockchain cryptocurrency has attracted considerable attention from crypto players. Analysts point out that this jump may be due to increased investor interest and improved market sentiment.

Aayush Jindal, a technical analysis expert, notes that Solana continues to show significant upside potential. His analysis of the charts shows that this level could become a new support for further price increases. However, the expert also emphasizes that investors should be cautious, given possible market corrections.

Recent market data shows a growing interest in the Solana platform, which offers high-speed transactions and innovative solutions for decentralized applications. This makes it attractive to developers and investors, which in turn contributes to the growth of the token price.

Against the backdrop of these developments, many cryptocurrency traders believe that corrections in the Solana market could be profitable to buy. Despite the volatility, long-term prospects look positive due to the stable development of the platform and the growth of its ecosystem.

According to the analytical tracker CoinMarketCap, at the time of writing, on July 15, SOL is showing a daily increase of almost 6% and is trading for $ 153. The total supply of coins on the market is $ 71.1 billion. Traders made $ 2 billion worth of daily trades, an increase of 27% over the past 24 hours.

In general, the crypto market added 4.4% over the day and reached $ 2.3 trillion. Nevertheless, the fear and greed index is still within the warning range of 48 points.