Main notes
- Soliana (SOL) increased by approximately 6 % last day, much higher than 20 and 50 days than EMAS.
- Sol Strategies has announced a 500 million dollar convertible note that is only offered to buy Sol.
- An analyst expects that Sol can be traded soon above the price of $ 200 amid 14 % weekly increase.
Solana
Teller
148.8 dollars
24 hours fluctuation:
2.1 %
The maximum market:
$ 77.05 b
Folder. 24h:
$ 2.58 b
It has increased by 5.91 % over the past 24 hours to reach $ 154.47 at the time of the press, and its strong weekly gathering continues about 15 %.
The main catalyst behind the Sol’s PRICE EMPLOSION is a raying deal announced by Sol Strategies, an investment company in Canadian investment.
$ 500 million to buy Sol?
On Wednesday, the company revealed a 500 million -dollar convertible diary facility from ATW Partners, which is based in New York. The capital will be used exclusively to buy the distinctive symbols to generate the return
These signs a The first deal of its kind in Solana Environmental System. According to a press release, a preliminary exchange of $ 20 million will be received on May 1, with a possible $ 480 million to follow the slides.
Benefit payments will be made in the Sol Tokens created by Stokeing Bonuses, confirming the long -term condemnation of the growth of the Solana ecosystem.
“This is the largest financing facility of its kind in the ecosystem of Solana and the first directly related to the return at all,” noted the CEO of Sol Strategies Leah Wald.
The company, which was already included on Cse in Canada and UTCQX, is heading to the USA, to expand its access between institutional investors.
Technical penetration: the triangle ascending ascending
Sol chart reveals a triangular style of a textbook formed since late 2024.
With a strong support of $ 147.48 and a series of low low, Bulls finally paid the past resistance near $ 150, indicating the outbreak.
According to the prominent encryption market analyst, this pattern is a constant accumulation – a strong upward sign indicating continuous demand and upward pressure.
https://twitter.com/dacryptogeneral/status/1915418379411771565
If the collapse continues, Sol can climb towards the following main resistance at $ 180.63 (1.618 Fibonacci), followed by ambitious goals at $ 232.73 (2.618 FIB) and up to $ 288.51, the highest triangle style.
If the market momentum continues, Solana can even re -test the level of $ 317 (4.236 FIB) in the coming months.
Solana daily scheme Source: TradingView
On the other hand, the daily RSI is located in 66.46, approaching the peak area of the purchase, which indicates a strong upscale momentum but warns of the possible short -term decline.
Meanwhile, the MACD index also met with green, with the MACD line at 6.15 crossing over the signal line at 2.75, which enhances the strength of the continuous assembly.
It is also important to note that Sol is much higher than the main average mobility: EMA for 50 days ($ 138.37) and EMA for 20 days ($ 136.70), which now works as critical support levels in the case of corrections.
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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 Why Is Solana (SOL) Price Up More Than 5% Today? first appeared on Investorempires.com.
