The Solana-Sol Coin Returned to the Again Interface, Following A Strong Performance That Paid the Price To Rise by More than 11% During the Last 24 Hours to Reach $ 204, and in Strong Daily Trading Volumes Exceuded 13.6 Billion Dollars, Which Renewed Strong Interest in this Currency in conjunction with the expansion of the Technical System of the Solan Blockchain That One of The Fast Growing Blockchain Networks Within The Decentralized Financing Sector (DEFI).
Solana also had an additional dynamic after the announcement published on August 22, which revealed Jito’s progress – in partnership with the VNECK asset management giant – a request to create a Stock Exchange negotiation box (ETF) for the currency under the name of Jitosol ETF, which will allow institutions to expose an investment from Solana with Solana Pream with Systems to receive Mortgage, which can represent a bridge that connects to Solana with Solana Preamor Systems, Solana system, Solana systems. (DEFI) to traditional financial markets. This occurs after the American Committee on Securities and Exchanges (SEC) clarified its instructions on investment products provided for the revenues of the mortgage after the organizational scene has started to turn into an environment favorable to such innovations.
The technical levels of the price of the Solana currency indicate a central penetration
From the point of view of the technical analysis, the price of Solana’s play is currently at a decisive level, because its movements appear for four hours, the type of triple summit is formed without a fork from 206 to 210 $, a model which generally indicates a frequency state, but the growing path remains existing as long as the price is maintained above its highest stockings recorded at $ 187 and $ 176.
Momentum indicators also support the possibility of continuing the growing track, reading the RSI currently stable to 67 reflects strong demand without a negative spacing due to the increase in trading volumes, while the MacD index shows an intersection with the signal line, forming the gradient gradient strips, indicating continuous purchasing pressure.
Current support and resistance levels:
- Support: $ 195, $ 187 and $ 176 inheritance
- Resistance: $ 210, $ 218 and $ 228, respectively
It should be noted that the success of the price by closing the top of the barrier of $ 210 can cancel the triple summits model and its negative meaning.
Solana currency rate and a proposed trading strategy
For merchants, the current situation is a pending game; Early entry can be exposed to the risk of reflection of the trend, and success will be considered to penetrate the barrier of $ 210, a clear and clear signal and the end of losses can be placed at $ 187 in order to manage the risk and leave a room for the possibility of a higher price at the same time.
The expected height wave targets are $ 228 and maybe $ 250 if the momentum accelerates. With regard to the long term, the price of the Solana currency (Solana) is a reason to consider it as one of the strongest competitors in Ethereum-Eth, especially since the Solana BlueChen Solana combines higher productive efficiency and low costs, which makes it a pivot for decentralized financing systems (DEFI), and approval to establish a box on the stock market Solanal and supports its attraction to establish a case of exchange on the stock market for Solanal and supports its attraction.
Momntum remains optimistic: RSI almost 67 years old, MacD Warm. A fence greater than $ 210 confirms upwards, with objectives at $ 228 and positively $ 250 in the coming weeks.
#Crypto
– Arslan Ali (@Forex_erslan) August 23, 2025
In general, the expectations of the price of Solana’s currency depend a lot on its ability to penetrate the level of $ 210, which can open the way to a new start by 10% and perhaps the stimulus required for a stronger launch, which is a milestone for currency traders and its long-term investors, the price emerging in March between the current resistance barriers? Or will the current relative stability wave be a good start?
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