• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana Price: Unexpected Rise and Prospects with Solaxy

user avatar

by Giorgi Kostiuk

3 months ago


The Solana price has shown an increase of more than 2% in the last 24 hours. However, it remains down by more than 6% for the week, despite recent signs of revival.

Current Solana Price Dynamics

A negative price channel has formed on the Solana daily chart, following a series of lower highs and lows over the past couple of weeks. Should this trend continue, the price may reach its immediate support level at $174.93. A break below could lead to a drop to $158.13. Conversely, if Solana breaks above the $194.41 resistance, it may rise further to the $222.62 barrier.

Technical Analysis and Prospects

The technical indicators on Solana's daily chart are presenting mixed signals. The RSI is showing neutral readings below the 50 mark, indicating potential shifts in buyer and seller power. Meanwhile, the MACD displays a bearish pattern with minimal negative histogram values, suggesting possible weakening of bearish momentum.

Solaxy: Bringing Innovations to Solana

Solaxy is the first layer-2 project for the Solana network, aimed at reducing infrastructure load. It will aid in processing transactions and reduce Solana's current low fees. Furthermore, Solaxy plans to connect Solana and Ethereum, creating an enhanced Web3 ecosystem by combining Solana’s speed with Ethereum's security.

The current situation with Solana shows that despite short-term price fluctuations, technologies and projects like Solaxy have the potential for significant impact on the network and its users.

0

Share

Other news

Corporate Investments: Metaplanet Enters Top 10 Bitcoin Holders

Metaplanet strengthens its crypto position by acquiring 4,046 BTC, becoming one of the largest corporate Bitcoin holders.

user avatarGiorgi Kostiuk

5 minutes ago

The Future of MAGACOINFINANCE: Can It Repeat Bitcoin's Success?

MAGACOINFINANCE's growth captures investor interest alongside projects like ADA, Solana, and Arbitrum.

user avatarGiorgi Kostiuk

6 minutes ago

BlackBerry Exceeds Expectations in Q4 2025: Revenue Reaches $141.7 Million

BlackBerry delivered impressive financial results in Q4 2025, surpassing analyst expectations.

user avatarGiorgi Kostiuk

7 minutes ago

GameStop: New Bonds and a Bet on Bitcoin

GameStop has raised $1.5 billion, part of which will be used to invest in Bitcoin under its new investment policy.

user avatarGiorgi Kostiuk

7 minutes ago

Cryptocurrency Market May Hit a Local Bottom by June

Crypto market forecast: 70% probability of finding a bottom by June amid Trump's trade talks.

user avatarGiorgi Kostiuk

7 minutes ago

Cryptocurrency Market: Bitcoin Leads as EOS, Cronos, Zcash Surge

Bitcoin surpasses $85,000; EOS, Cronos, and Zcash gain traction with favorable technical indicators.

user avatarGiorgi Kostiuk

8 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.