- The bullish momentum developed for Solana, in the middle of a long -awaited seasonal Altes season before the end of 2025.
- DEFI projects on the Solana network have recorded significant growth in cash flow and chain activity.
The wider Altcoin market, directed by Solana (soil), gradually taken up bullish momentum in the past two weeks, because the price of Bitcoin (BTC) has invalidated the lowered feeling after having rebounded above $ 95,000. The analysis on various metrics in mind shows that the Crypto Fomo has brought back in last week, because the commercial wars weaken in the midst of the diplomatic negotiations in progress.
The index of fear and greed of Bitcoin rose from 47%, representing neutral, at 63%, suggesting greed, in the last two days. The index of fear and greed of Ethereum rose from 44 for 61% in the last two days. The wider Altcoin followed the two main digital assets with regard to the fear and greed index.
Updating solara prices and mid-term targets
After winning more than 14% last week, Sol Price is about to record its third consecutive optimistic week. Consequently, the large capitalization Altcoin, with an entirely diluted assessment of around 92 billion dollars and an average negotiation volume of around $ 5 billion, approached a crucial level of resistance around $ 159.
Within the daily time, Sol Price is well positioned to reach more than $ 180, if the Bitcoin price continues with a bullish dynamic around $ 99.4,000. However, if the price of bitcoin can reward the level of assistance above $ 91,000, the ground price will probably fall to the support beach between $ 125 and $ 135.
From the point of view of technical analysis, the soil bulls have acquired significant terrain on the bears after the daily MACD line has crossed above the zero line in the middle of the increasing positive histogram bars. In addition, the daily relative force index (RSI) has exceeded the most 52 for the first time since the second inauguration of US President Donald Trump.
Growth of the soil ecosystem
The Solana ecosystem has increased considerably in the past year, reinforced by the validation of institutional investors and notable developments in its DEFI platforms. According to data from the Defillama market, Solana Network had a total locked value (TVL) of around 8 billion dollars and a stable market capitalization of approximately $ 12 billion, when writing this article.
Some of the latest developments in Solana’s ecosystem include an increase of $ 50 million in the research of DUS in series A led by ParadigM VC.
