The cause of confidence
The strict editorial policy that focuses on accuracy, importance and impartiality
It was created by industry experts and carefully review
The highest standards in reports and publishing
The strict editorial policy that focuses on accuracy, importance and impartiality
Morbi Pretium Leo Et Nisl Aliguam Mollis. Quisque Arcu Lorem, Quis Quis Pellentesque NEC, ULLAMCORPER EU ODIO.
Solana increased by 6.6 % over the past week, which raised hopes that the digital assets will be on the threshold of a large gathering-one that could push it to its highest levels (ATH). A mixture of promoting essentials and upward technical references support this Optimistic expectations.
Solana preparation for an amazing summer?
According to Cryptoquant Quicktake Post recently by Brukkeesmeci shareholder, Sol is currently undergoing a cooling stage on both later bubble maps. The following graph analyst shared to highlight this cooling period.
For beginners, the bubble map depicts sound data via exchanges, as each bubble represents a trading activity for a specific husband or platform. The bubble size indicates the total size, while the color shows severity or change in this folder – such as cooling (green), neutral (gray), or high temperature (red).
Related reading
At first glance, low trading volume may seem like a faded momentum. However, the encrypted analyst notes that this slowdown can be the stage of strategic accumulation, especially since the potential catalyst is waving on the horizon.
Many in the encryption community expect that the US Securities and Exchange Committee (SEC) will approve the first Solana (ETF) exchange fund in the coming weeks. In x mail It was published today, that Eric Balunas, chief of the ETF analyst in Bloomberg, said that Solana could lead the potential “Altcoin Etf Summer”.
Meanwhile, the Polymark Packet is currently Places The possibility of 91 % on Solana ETF was approved in 2025 – the highest possibilities recorded since January this year. Most speculators expect Sol ETF to walk on the air by July 2025.
From an artistic point of view, things look also encouraging. In the newly postponed X, the Ali Martinez’s encryption analyst noticed that if Sol separates from a $ 200 sign, he may start operating a bull from 5 times to 10x.
Martinez shared the next Sol Weekly scheme, which shows the digital assets that make up a bullish cup and a handle. While the “Cup” part has already been completed, the emerging “handle” indicates a high rate of prices – perhaps Sol pushed more than $ 2000.
Sol shows the promise, but beware
Despite the spread optimismSome indicators urge caution. Data on the series recently open A large movement of sleeping coins, which raised concerns about increasing sales pressure in the short term.
Related reading
However, there are a large number of analysts Believe The current Seoul of ATH can exceed $ 293 later this year. At the time of the press, Sol is trading at $ 167.30, an increase of 3.5 % in the past 24 hours.
Distinctive image from Unsplash, charts from Cryptoquant, X, and TradingView.com
