Solana price decreased by 6 % a week, as investors resort to L2 ICO

The Solana price has decreased by more than 6 % on the weekly timetable after a 1 % decrease over 24 hours to circulate it at $ 200.96 from 10:43 pm EST, where investors reduce their exposure to the tournament.

Although the Sol price has decreased over the past seven days, the positive monthly performance of Crypto remains intact. Altcoin exceeds 7 % in green on the long -term time frame.

Solana price in an attempt to escape from a negative channel

Daily chart for Sol/USD (Source: Geckoterminal)

the Solana The price is trying to separate over a medium -term channel that has been formed on its plans in the past two weeks, Geckoterminal data He appears. If the encryption rises above the upper limits of this negative domain, the resistance may attempt at $ 223.34 before the resistance rises at $ 260.22.

However, failure to escape over the negative channel during the next eight hours can nullify the upholstery. In this quieter scenario, Solana’s price may continue to trade in the negative channel. This can lead to an immediate support test at $ 194.53. The continued pressure pressure may lead to a decrease of up to $ 162.27.

Solana’s price may start in the gathering if the bulls enter soon

Technically, the Solana price appears about to enter into a march. MACD and RSI indicators on the daily chart show early upward signs.

Over the past two hours, the MACD line has started to rise towards the MACD signal line. The narrow gap between these two technical stomachs can indicate that the negative Sol trend is close to its end. If the MACD line crosses over the MACD signal line, it may indicate that Sol has introduced a new positive cycle. This can then lead to a gathering.

Meanwhile, the RSI line started on the daily chart of installation at about 43 years. The current reading below may indicate the score of 50 neutral that the bears currently have the top hand. However, the settlement of the technical index has opened the possibility to enter the bulls and restore control over Solana The price if they choose to take advantage of the opportunity.

While Solana Price tries to get out of a negative channel, investors flow to the introductory of the new Sol Layer-2 Solaxy (Solx)Who receives a teacher about $ 20 million. 99bitcoins, a famous YouTube encryption channel with more than 724 km, believes that SOLX can rise 100x after its launch.

Solana Blockchain raised the next level

Solana was subjected to huge mathematical pressure due to the constant noise around the Sol -based Mimi currencies. With the entry of new symbols into the Solana ecosystem on a daily basis, Mainnet Layer-1 has the increasing risk of another interruption.

Moreover, the Mimi 2025 coin talks are working on the market. In the event of this expected event, increased traffic can lead to a huge accumulation of the Solana series.

This is where Solaxy focuses, the first Layer-2 project focused on Solana. Through the original Sidechain and Layer-2 technology, the project aims to provide Solana with the mathematical resources needed to deal with the continuous flow of new symbols.

Solaxy will increase the production production of Solana by processing, collecting them, collecting them together, then returning them to layer 1 to final verification and saving records. In addition to increasing the productivity of Solana transactions, this approach of Solana network speeds will increase in addition to reducing the already low Blockchain fees.

Solaxy will also try to block the Solana and ETHEREUM networks to create a new Web3 infrastructure capable of meeting the increasing needs of decentralized application developers and coin.

Solaxy is more than $ 19.5 million

Investors are betting on the future of Solx, which is evident from more than 19.5 million dollars in financing the early stage that the project has collected so far. With the upcoming predictions of experts such as 99bitcoins and the project’s task to expand the Solana range, it is easy to know why there is a crazy purchase of encryption at this early stage.

To enter the project floor, investors can buy SOLX using a simple user interface component on the project site. Selling at $ 0.00163, Altcoin can either use either using Crypto or Bank Card. After getting SOLX, investors can also share their APY codes for 210 % offered to anyone who is imprisoned for Solx during this ICO stage.

Buy SOLX here before pre -pre -pre -price rises in 3 hours to lock the best deal.

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