Solana Breaks 10-Month Downtrend as Institutional Investment Surges
Solana has broken a 10-month downtrend, closing August above $100, driven by institutional investment and increased network activity. The cryptocurrency saw a significant 46% rise, marking its first monthly gain in nearly a year. Despite a slight cooling in momentum, Solana's price remains above the key $100 level, indicating potential for further consolidation and growth.
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Solana price holds $100 as momentum cools after breakout
Solana price held above the key $100 level on Sept. 1 after its late-August rally stalled near $110, with weakening trend strength pointing to consolidation before the next major move. Solana price momentum weakens above $100 According to data from…
Solana Breaks 10-Month Downtrend As August Rally Reclaims $100
Solana has broken out of a 10-month downtrend after a strong August rally, with SOL reclaiming the $100 level and finishing the month up roughly 46%. CoinG...
Solana Breaks 10-Month Curse as Institutional Money Storms In
As of this weekend, the digital asset solana (SOL) is closing August with its first monthly win in nearly a year, as institutional money, a tighter future token supply, and record network activity drove SOL back above $100 per coin. The token traded near $106 on Sunday afternoon after touching $110.38 on Aug. 27, its […]