$SOL #SOL demonstrates a growing interest: the combined factors of positive social signals and increased network activity of the project “Avatar-Sova” invigorate the bullish sentiment around Solana. The token is already holding above the basic moving averages, and fundamental trends indicate a possible upward range expansion. The impact of activity in the DeFi and NFT sectors on the blockchain enhances institutional interest, which could push the price to new local highs.

News background (Positive 📈)

Growing institutional interest: recent reports show an influx of funds into SOL amid a steady outflow from ETH, strengthening liquidity redistribution.

Development of the Solana ecosystem: the launch of 24/7 trading solutions with the tokenization of traditional assets increases the practical value of the network.

Social momentum: Twitter/X discussions record an average “bullish sentiment” index above 65 points, indicating high confidence among traders in the short-term potential.

Comparison factor with BTC and ETH: As Bitcoin consolidates around 90,000 and ETH stabilizes around 3,000, there is a shift in interest towards second-tier altcoins, including SOL and SUI.

SOL

124.93

-1.37%