Dust for American reciprocal prices imposed on more than 100 nations has started to settle. The price of Bitcoin (BTC) maintained above $ 82,000, while the larger Altcoin market, directed by Solana (soil), attempts a bullish recovery, after the maximum pain felt since the Donald Trump administration took office.
Solana, a large capitalization Altcoin, with an entirely diluted assessment of around 68 billion dollars and an average negotiation volume of around $ 4 billion, dropped approximately 4% in the last 24 hours to exchange around $ 115 on Friday, during the first session in Asia.
Take a closer look at the chain activity for the Solana network
The Solana network will record its larger unlocking of a day of approximately $ 200 million in the recent past and until 2028 on April 4, 2025. The unlocking of the token of the notable Solana network coincides with a large market dumping by whale investors.
According to the analysis of the data of the Lookonchain chain, several Solana whales destroy their parts in the last 24 hours and throw them on the market. The palpable fear of a possible crash of the cryptography market in the near future has experienced an increased departure from whale investors to the Stablescoins market or the gold sector.
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What is the following for Sol Price?
Within the weekly time, Sol Price has established an upward trend since the end of 2023, which is characterized by higher highs and higher stockings. In recent weeks, the ground / USD pair, in the weekly period of time, has retests a trend linked to the crucial increase, which has acted as a robust level of support for more than a year.
In addition, the Sol price also resets a level of crucial support / resistance, established over the years.
Within four hours, Sol Price has already left a logarithmic tendency to drop and currently retests a level of support previously established by around $ 124.
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Faq
Solana fell by around 4% due to a drop -down token of $ 200 million and a dumping of whales, arousing fears of a larger sale on the market.
Yes, on the weekly graphic, Sol has awarded an upward trend with higher ups and stockings since the end of 2023.
