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Solana (SOL) Price Analysis: More Gains Possible Above $24

Solana price started a decent increase above the $21.50 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.00 and $25.00 to continue higher in the near term. Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could start a...

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Solana (SOL) Price Analysis: This Support Might Trigger Fresh Increase

Solana price started a decent increase above the $22 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $24.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $23.40 and $22.60 support levels to start another increase. Solana price is trading above $22 against the US Dollar, similar to bitcoin....

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Solana (SOL) Price Analysis: Bulls Aim Upside Break above $25

Solana price started a decent increase above the $20 resistance against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $23.75 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $25.00 and $26.40 to continue higher in the near term. Solana price is trading in a positive zone above $20 against the US Dollar, similar to bitcoin....

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What is SOL?

ETH alternative: Why SOL is getting attention? Solana is a blockchain platform that includes proof of history (PoH) technology to improve speed without sacrificing security. Because of its PoH technology, Solana is one of the fastest blockchains available, with an average processing speed of 2’700 transactions per second. The native cryptocurrency of the Solana network is the SOL token, which is currently in the top ten of all cryptocurrencies for...

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