Solana Rallies is a delicious investor for ETFS star-news.press/wp

Solana returned in a hacking position. High-speed Blockchain rose to $ 167 this week-the highest level since May 29-with the high trading volume, the network activity exploded, and the intensification of the investor’s appetite for European funds conventions focused on Solana. With the superiority of transactions on ETHEREUM, Meme currencies that double in the maximum market, and the formation of a golden technical setting, Solana is again in the lead center in Rally Crypto.

The Solana (Sol) gathering occurred in a high -size environment, with 24 hours jumping to more than 6.17 billion dollars.

Since the market value in the total industry exceeds $ 3.6 trillion, the number of Solana transactions in the network has increased by 32 % over the past seven days to 590 million. The number of its transactions was much higher than the most important groups than the top, such as ETHEREUM (ETH), Binance (BNB) and SUI (SUI), combined.

Solana’s active headlines jumped by 5.3 % to 24.3 million, while the resulting fees for 44 % to $ 7.6 million jumped. The number of its transactions increased for 30 days to more than 2.1 billion.

Meanwhile, ETF Rex -Sprey Sol + Staking ETF continues to get traction among investors with their assets jump. Its assets amounted to more than $ 72 million by Thursday, a good amount for ETF for two weeks.

The main benefit of the SSK ETF is that it provides an exposure to Solana and its accompanying rewards. Stakingrewards Data It shows that Solana Stakers receives a return of about 7.5 %.

Solana also jumped as her ecological system was good, as she gained her coins that gain traction. The market value of all these currencies jumped to more than $ 12.4 billion from the lowest level in April $ 6 billion.

Moreover, Solana’s Stablecoin Supply It reached 10.7 billion dollars, while its headlines pumped 15 % to 3.4 million. The number of transactions and average size increased by 29 % and 45 %, respectively.

Technical analysis of prices in Solana

The daily time frame scheme shows that the Sol price has reached $ 94.3 in April and then bounced. I moved to the upper part of the Murrey Math lines trading at $ 162.

The price of Solana jumped over the moving averages for 50 days and 200 days, in addition to the level of reformulation of 23.6 % Fibonacci. I also moved over the rising trend line that connects the lowest point in April and June.

Therefore, the distinctive symbol is likely to continue to rise as the bulls target the main point at $ 187, the highest point in May. This target is about 15 % higher than the current level. A break above this level will indicate more gains, and perhaps resist Murrey Math lines at $ 200.