Main notes
- Solana is trading at $ 165 after 8 % daily profit, with support from the high trading volume.
- The ETHEREUM increase by 21 % after Pectra has pushed the SOL/ETH ratio to the lowest level in one month.
- The analyst sheds light on the cup style and a hand -of -chart on the Sol Weekly Plan, with $ 200 as an operator.
Solana
Teller
$ 150.7
24 hours fluctuation:
2.6 %
The maximum market:
$ 78.04 b
Folder. 24h:
$ 3.80 b
More than 8 % have risen in the past 24 hours to trade about $ 165. This strong upward step comes as the broader encryption market is witnessing a 5.3 % jump in the total market value, which sparked renewed interest in Altcoins.
Sol, which was suspended less than $ 150 for more than two months, has witnessed more than 50 % over the past month. The market value increased to 86 billion dollars, an increase of 62 % in the same period.
Meanwhile, Solana competitor, ethereum
Eth
$ 1 845
24 hours fluctuation:
2.6 %
The maximum market:
222.72 dollars b
Folder. 24h:
14.22 dollars b
It recently activated the long -awaited promotion, which led to a noticeable increase in activity and an increase in the price of 21 % last day alone. This has led to a decrease in the Sol/ETH ratio to its lowest point in about a month.
According to CoinglassETHEREUM recorded $ 248 million in category flows over the past 24 hours, or more than $ 94 million from Triple Solana. Arthur Hayes, co -founder of Bitmex, commented, “It is a basic season,” referring to the renewed interest in layer 1.
It is basic SZN prostitutes. Fuck with your customer, there is no shitcoins revenue. Give me the money in the form of Buy Back and Burn. $ Ethf = Amx from #Crypto pic.twitter.com/vvjpifidpv
Cryptohayes May 9, 2025
Sol Price Outlook
On the daily chart, Sol currently tests the upper Bollenger Band at $ 169.90, indicating a short -term peak condition. If Sol is able to break it and maintain it higher than this level, it may push towards the following resistance areas at $ 170 and $ 180.
However, rejection in this band can send the price to the middle range (20 days SMA) at $ 162.11, and perhaps further to the bottom range at $ 135.62.
Sol price chart with RSI and Bollinger Bands | Source: Trading Offer
The relative power index is currently sits in 71.67, which enhances the upscale momentum. However, it also indicates the possibility of correction in the near -term if excessive conditions persist in the peak.
At the same time, MACD appears on the daily chart a positive intersection, indicating a climb momentum. A sustainable break above $ 170 with a strong MACD can lead to 6 largest encrypted currencies to $ 180.
Sol price chart with MACD | Source: Trading Offer
The famous encryption analyst Ali Martinez recently indicated that X was that Sol was a upscale and contracting pattern on the weekly graph since late 2011. According to him, the $ 200 cleansing of a sign of the large bull of Solana.
#Solana $ Sol The disinfection of the $ 200 brand can raise the operation of a huge bull! pic.twitter.com/vqthvz1xvx
Ali (ali_charts) May 8, 2025
Other analysts chanted, saying that Seoul could “print some of God’s candles” if the broader encryption market continues in its upward direction.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
The post Solana Jumps 9% — Will It Break $200 Soon? first appeared on Investorempires.com.
