Since Solana represents the fifth anniversary, there is clear optimism for the prices for the short term. Experts say Solana Price will affect a set of data on the series on the price of Solana, including narcotic assets and SMA and EMA positive indicators.
Solana receives $ 315 million of the assets that have been fled from Ethereum
The ecological system in Solana is amazed by optimism after an increase in the size of the stereoscopic assets to the network. According to the latest DataSolana received 314 million dollars from Ethereum in the last 30 days.
The scale is a record in Solana with the size of the size that dwarfs the total stereotypes of the ETHEREUM Layer 2 projects. According to the data on the chain, the value that Solana received from ETHEREUM is 463 % more than the storage unit that was transferred to the Eth Layer 2 platforms.
Critics say that the rise in stereoscopic assets over the past thirty days is a bullish indicator of Solana’s price. Directly from bats, the assets will increase from the total closed value (TVL) and the liquidity of the Sol with an increase in the user activity.
Others explain the scale as a confirmation of Solana’s domination of Ethereum, which causes anticipation to cancel the possibility.
Solana Price eyes 178 dollars in the short term
There is an increase in the investor’s confidence in the fact that the price of Solana can win $ 178 in the short term. Analysts say whether Sol penetrates the SIS -20 -day moving average (EMA), investors can expect to reduce the current sale pressure.
The mitigation will feed a batch towards the simple moving average for 50 days (SMA), which will witness resistance to the price drop at about $ 178. However, price interruptions are less than $ 120 can lead to a sharp correction of about $ 110 and 90 dollars.
In the long run, the style of the formation of the cup and the equalizer can to 3800 dollars in the event of an outbreak. Currently, Solana is trading at $ 129, a decrease of approximately 4 % over the past 24 hours.
The network is August with a large number of activity, as Solana represents the fifth anniversary. The SIMD-0228 suggestion failure still provides Solana silver lining due to the speed of voting.
Alio Bokima
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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