While most assets have been stagnant, Solana ($SOL) has once again proven its superiority, showing a confident rise to $92.39 (+9.21% in the last 24 hours). As your analyst, I have examined the charts and fundamental reasons for this movement.
📊 Technical Perspective (Analysis by @Rostyslav_Million)
On the weekly chart, we see a stable upward trend with an overall increase of 17.65%. This is not just a speculative jump, but a systematic accumulation of positions by major players. The key support level has now shifted higher, giving us the "green light" for further movement towards the $100+ mark.
🛡️ Why does the "Trader's Armor" choose SOL?
1. Ecosystem: The number of active wallets on the Solana network continues to break records.
2. Speed and fees: Against the backdrop of congestion in other networks, Solana remains the number one choice for retail traders and the NFT market.
3. Institutional interest: We see funds increasingly adding SOL to their portfolios, viewing it as a major competitor to Ethereum.
🧠 My forecast
In the short term, a slight pullback is possible to test new support levels, but globally - we are in a bullish phase. My strategy remains unchanged: keep a cool head and not give in to panic during local corrections.
Solana is not just a token, it is the foundation of a new internet.
What is your target for $SOL this month? Write in the comments! 👇