Solana (SOL) Price: 7% Gain Coincides with Record Network Adoption of 11.09 Million Addresses
Portfolio Pulse from
Solana (SOL) experienced a significant price jump to $140, driven by record network adoption of 11.09 million addresses and a technical breakout above $137. Trading volumes surged 85-94.9%, and analysts predict potential rallies toward $150-$420. The broader crypto market recovery and potential White House tariff adjustments are supporting the positive momentum.
March 24, 2025 | 10:00 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SOL-USD shows strong technical indicators with breakout above $137, RSI recovering, and MACD signaling potential upside. Network growth and market recovery support positive sentiment.
Multiple technical and fundamental factors suggest short-term price appreciation: 1) Breakout above $137 resistance 2) RSI recovering from oversold 3) MACD bullish crossover 4) Record network adoption 5) Broader market recovery
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100