Solana is faced with the breakthrough: Analysts predict further recovery of the cryptocurrency market

Solana is faced with the breakthrough: Analysts predict further recovery of the cryptocurrency market

Solana (SOL), like the rest of the cryptocurrency market, was found in the upward trend after the positive outcome of the court dispute with the US Stock Exchange Supervisory Authority Securities and Exchange Commission. But in order to continue relaxation, Solana must exceed a crucial level. According to the crypto analyst crypto Tony, Solana has to overcome the offer zone of $ 30.60 to maintain its upward dynamics.

Currently Solana consolidates between the offer zone and the trend line support, and the current price is $ 26.33. In order to fulfill the above forecasts, Solana would have to increase by about 16 %. According to the latest data published by Finbold on July 19, Solana has already made impressive progress. In the last 24 hours, the Solana price increased by 2.92 %. In the past seven days there has been a significant increase of 19.69 % and even an impressive increase by 69.96 % on the month

These numbers give Solana good chances of achieving his goal. It is particularly noteworthy that Solana has proven to be resistant and despite the complaints of the SEC against large crypto exchanges, no sales pressure. In addition, the Solana blockchain has shown an impressive operating time of 99.72 % in the past nine months. This is particularly relevant because earlier failures by Solana have raised concerns about its position as high -performance network, which is designed for fast transactions.

The future of Solana looks promising, but investors and dealers should still closely observe the market in order to keep an eye on the development of cryptocurrency. It remains to be seen whether Solana can exceed the critical level of the offer zone in order to continue its upward trend. The coming days could be crucial to determine the further development of Solana.