Solana picks up 40 % of encryption purchases: Sol can reach $ 295 if … star-news.press/wp

Main meals

Solana jumped by 13 %, cleansed $ 200, with the addition of whales and adds 158 % re -purchased functions and operations. However, the resistance of $ 295 remained the decisive test for the continuation of the upward trend.

Solana was again among the prominent winners, as she provided a wonderful return with a 13 % increase in 24 hours.

The Sol gathering is in line with the preceding expectations of a 30 % transmission of the recovery of the support of $ 150 earlier this month. With a $ 200 resistance of resistance, the following Altcoin resistance in the queue is the highest level at all times near $ 295.

Solana whales make movements

Ambcrypto’s demand analysis of the future demand volume data for Cryptoquant indicated that big investors were steadily adding to their sites.

This accumulation of large degree is unlike the current level of renewable confidence, which exposes more bullish trend-probably to $ 295.

Unlike the retail -based nails, the whale activity tends to maintain directions, adding weight to the argument that Sol can be higher than another leg.

Protect the protocol adds to Altcoin

One of the most motivated motives in this gathering occurs within the ecosystem of Solana himself.

The re-purchases of the distinguished premium symbol in Solana projects increased from $ 14.5 million to $ 46.8 million in just two weeks-a jump by 158 %.

according to SolanafloorSolana protocols now represent about 40 % of all re -purchases of encryption projects, with a sharp increase of only 11 % in June.

This growth reflects the high economic activity across the network, and most importantly, the steady demand flows to Sol.

Institutional interests in Seoul

The institutional interest also came into effect.

VANECK applies for a US Solana ETF spot supported by the symbolic symbolic symbolic code – a step that can open the wider exposure if approved.

At the same time, a conversation Reports He suggested that the European Union was thinking about Solana, along with Ethereum, as the infrastructure of the upcoming digital Euro initiative.

Can Sol recover $ 295?

Solana’s budget issue is supported by the accumulation of the whale, the activity of the rising protocol and increasing institutional attention.

However, as the edges approach the main resistance area, traders will monitor whether the momentum can return the code to $ 295-or if the profit block slows off.