The Bybit platform plans to launch a new decentralized trading platform (DEX) on the Solana Blue, which prompted traders to expect significant prices penetration. Can this support the price of the price of the Solana currency?
The price of Solana-Sol currency increased 7% in the last 24 hours, one day after the line of the largest trading platforms in the launch of a new DEX trading platform on this blockchain, and the CEO of the Ben Zhou Trading platform (previously Twitter) will hold the trading platform (Ben Zhou). This new decentralization is the name Byreal and his work will start at the end of this month.
Zo explained that the Byal platform combines “the liquidity of the central trading platform and the decentralization of decentralization”, and that it will provide low price differences and will prevent the handling of metal via protection against proactive trading (MEV), and Byal will also represent a direct competitor of the main central solutions of the Sollana technical system, (Orca) and central swap.
The latest significant increase in Solana’s price is the enthusiasm of traders about this news, which can bring huge trading sizes to the Solana Bluechen. Thus, it supports positive expectations of the price of Solana currency.
Solana currency rate: Targeting a test of $ 185 after the rebound in the level of support
The volume of negotiations on decentralized trading platforms on Solana blockchain in the last 24 hours has reached approximately $ 1.8 billion, knowing that it has increased by 10.2% in the last 30 days to 77.43 billion dollars, according to data from Defi Llama.
The three platforms above represent more than three quarters of the total trading volume, because Raydium leads the scene with a market share of 29%.
Looking at the daily graphics plan, we will notice the price of the Solana currency for the third time on the level of $ 140, which improves the importance of this level. At the same time, the volume of trading has increased in the last 24 hours.
It is reported that the price has reached the main level of resistance at $ 155, which was previously limited to the price movement. If the price of the Solana currency is able to enter this level and successfully re-test the summit, the road will be paved with the level of $ 185.
For the indicators of Momentum, it takes care of emerging expectations, because the RSI entered the average index of its movement in 14 days.
While BlueChen Solana is preparing to receive the greater transaction sizes than byal, the need for a solution to expansion such as the Solaxy-Solx project, which provides us with one of the most successful Cripto subscriptions for this year, is about to end.
Soulaxy Solaxy currency collects $ 53 million, with six days at the end
The Solana blockchain is struggling to deal with increased transactions in advanced times, as happened when the launch of Trump-Trump and Milania launches last January.
The second sustainment extension protocol of the request collects transactions on an external network to reduce the loads of the main Solana network. The development team launched the Suculasi experimental network, the main network to be launched this month, and this project provides a blockchain browser which allows investors to monitor the performance of this expansion solution in a way before the official launch.
With only remaining six days at the end of the successful subscription of the Solaxy part, the chances of buying it decreased at a low price of $ 0.00,1766, and the currency should witness an increase in demand as soon as the expansion solution is adopted by the governor and the main negotiation platforms, and the project also provides generous receivables creation of 78% annually.
You can easily buy the Solaxy currency by going to the project site and by linking your wallets – like the best portfolio – and by buying currencies using USDT or Solana currencies, or by Visa and Maskertard.
The Solana-Sol post: The adoption after the announcement of the Bybit of the launch of a new decentralized trading platform on the Solana Bloiled appeared first on Cryptonews Arabic.