The expectations of Solana prices after activity on its network have reached its highest point: can the price reach $ 250?

Solana seems to be ready to restore $ 200.

The Solana-Sol price increased by 29% in last month, benefiting from the resumption of alternative currencies after the Bitco-BTC level exceeded $ 100,000. Despite its confrontation with resistance near the level of $ 180 since then, the activities of derivatives and data markets on the blockchain indicate that the possibility of Solana will continue its emerging direction.

Although it occupies fifth place as the most important digital origin of market value, Solana has a dominant force in the decentralized financing sector, where it has total reserved value (TVL) of $ 9.136 billion, according to the figures issued by Defilma.

Unlike other blockchain networks that impose low fees, high costs for Solana transactions obtain high income, which supports the attractiveness of its soil currency. According to Defillalama data, Solana has increased basic costs by $ 43.3 million in 30 days, surpassing Ethereum, which collected $ 24.9 million, but is still left behind Tron (Tro), which raised $ 51.9 million. On the other hand, this height pushes decentralized application income (DAPS) and the use of revenues from the Blockchain network to reach its highest levels in 3 months.

In addition, SOL benefits from its limited negotiation offer, including almost 65%, a positive factor that supports a high price. The permanent financing rate of 8% also indicates a control of moderate general mood on merchants of the lever effect, without suggesting hyperactivity.

However, the soil price remains 40% low compared to its highest levels of $ 295 recorded in January 2022, and the momentum is still high. For their part, analysts estimate that the price can reach $ 200, in particular with the growth of institutional interest and the model of coastal conflicts comes from green support and red resistance lines below, which often indicates the start of a strong height.

On the other hand, other potential prices incentives include the possibility of approval of an immediate negotiation fund for Solana on the Stock Exchange (Stef ETF) in the United States, the adoption of crop reserves at the level of the State and the increase in the use of the digital representation of assets. Although one of these stimuli was still crystallized, the general foundations indicate the possibility of Solana’s will to another ascending direction.

As the tumult develops around Solana, investors flow to subscribe to the first solution of a second layer of Balcocheen Solana before inserting his currency on the trading platforms

Solaxy (Solx) causes a sensation in the Solana technical system as the first expansion of the second layer of Solana.

Consequently, Solaxy aims to improve the speed of transactions, reduce gas costs and solve the overcrowding problem, opening the way of launching a larger and lower network, similar to the other second layer solutions on Ethereum, where Solaxy is reached from transactions on a lateral layer at higher speeds before adding it to the registration distributed on the first layer.

In addition, the platform offers many advantages, such as compatibility with the entire Ethereum block, which provides liquidity via several blockchain networks and helps increase its functions throughout the decentralized financing sector (DEFI). Solx is currently sold at $ 0.001726 in the subscription, knowing that it will increase in the upcoming stages.

In all cases, the approval of the CEC and the CEC’s dry committee on Solana’s immediately negotiated ETF will considerably increase the interest and demand for Solaxy (Solx), which can lead to a significant increase in soil and solx prices.

Finally, the Solx subscription collected more than $ 36.5 million, indicating that it is attracted by enormous investments, and the project also provides a mortgage mechanism with an annual yield (APY) of 111% during the subscription.

To stay in view of the latest news from the project, you can join its community on X and Telegram platforms.

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The expectations of post-Solana prices after the activity of its network reached its peak: can it reach $ 250? APPLERDIRST on Arab Cryptonews.