Soul Price is trading below 2% below 2% between the wider crypto market celloffs, lower than the level of $ 170. After rejection on $ 185 resistance, Solana has corrected about 10%, however, on-chain data reflects the possibility of a strong reverse. Market analysts hope that the rally can proceed to $ 350 to all ways, provided that Altcoin shut down significant resistors on its way.
Sol Price Prediction: Analysts saw $ 350 as key milestones
despite Pulback recently in SolanaThe Crypto community remains rapidly because Altcoin reflects preparations to break its accumulation area of тАЛтАЛ$ 115- $ 190. Market analyst Crypto space said that once Soul value exceeds significant resistance Out of $ 200, the next major target of $ 350 will come very quickly.
This potential rally is drawing attention from traders, along with an increase in engagement activity, including increasing demand. Solana Meme coinsBetween today’s crypto market cell-off, top Solan Meme coins such as fartcoins, Bonak, Dogwifat (WIF), are also facing selling pressure at this time.
looking at the Solana derivative data From the coating, the sol futures trading volumes are stable at $ 6.5 billion, while the 24-hour liquidation is $ 12 million, of which $ 11 million is in less liberation.
Solana Ecosystem flexible amidst market volatility in Q1
The latest “State of Solana” report of Mesari highlights flexibility despite the continuous increase of blockchain and challenging market conditions. Some major areas of improvement in blockchain analytics platforms are also mentioned, such as infrastructure upgrade and decentralized finance (DEFI).
During the first quarter of 2025, Solan Blockchain GDP saw a 20% increase, reaching $ 1.2 billion. On the other hand, all stabechoids on Solana blockchain rose 145% to $ 12.5 billion .. Finally, the Messri report said that the average daily dex volume has increased from 40.8% to $ 4.6 billion.
The report underlines Solan’s ability to flourish and expand utility through innovation, strengthening its position in the blockchain ecosystem.
Bhushan Akolkar
Bhushan is a Fintech enthusiast with a deep understanding of financial markets. His interest in economics and finance has inspired him to focus on emerging blockchain technology and cryptocurrency markets. He is committed to continuously learning and is inspired by sharing the knowledge he receives. In his spare time, Bhushan enjoys reading a thriller fiction novel and sometimes examines his culinary skills.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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