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The striking cryptocurrency of the new rise period, Solana (SOL), continues its rise. Current Solana Commentary!
While there is a fall in the cryptocurrency markets and Bitcoin price, the rise in the price of Solana (SOL) has attracted the attention of investors. Solana, in addition to the increase in the price of the memecoin Bonk, stands out with the Saga phone released to the market.
After Launch, the sales of the Saga phone increased up to 10 times and sold out. According to the statement of Solana’s founding partner, Raj Gokal, sales increased 10 times in the last 48 hours and the phone received great demand. According to CoinGecko data, the memecoin Bonk experienced a value increase of 1,100%.
Solana Continues to Rise Despite The Fall in Bitcoin (BTC) Price?
According to analysts’ comments on Solana (SOL), the coin surpassed the resistance point of 76.38 and will continue to advance towards the target of 77.27. However, if a closing is made below the target level of 77.27, a correction move is expected to be up to the value of 74.28. Therefore, investors need to pay attention to SOL price movements.
The recent performance of Solana is being consolidated with projects like Saga and SOL liquidity inputs. However, investors must consider, alongside this optimistic picture, the overall market volatility and critical technical levels. Following current developments to make conscious and strategic decisions is of great importance. Therefore, the rise of Solana should be evaluated along with other market factors and risks.
Current SOL Price!
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