Solana recovers by 10.9 % and tests resistance at 179 USD-massive 'cup and handle' formation aims at $ 295, while TVL increases to $ 9 billion.

Solana recovers by 10.9 % and tests resistance at 179 USD-massive 'cup and handle' formation aims at $ 295, while TVL increases to $ 9 billion.

Solana recorded weekly course increase of 10.9 % and tests resistance at

Last week, the Solana cryptocurrency achieved a remarkable price increase of 10.9 %. The current course is in the direction of resistance at $ 179. This positive development is supported by the occurrence of a massive "cup-and-handle" pattern pattern that indicates a potential outbreak at $ 295.

Another important indicator of the strength of Solana is the growing totally value locked (TVL), which is now $ 9 billion. This increase in the TVL shows that interest in the platform and its decentralized financial applications (Defi) increases.

The combination of a technical pattern and growing TVL could indicate that Solana will continue to be the focus of investors in the coming time. However, investors should observe the developments on the market closely, since volatility always plays a role in cryptocurrencies.