- On the time of writing, SOL is buying and selling at $75.31, down 1.14% within the final 24 hours.
- If the worth manages to go previous $77.3 stage, then it is going to probably check $79.2 resistance stage.
Because the value of Solana’s memecoin Bonk (BONK) skyrocketed, the crypto neighborhood has been buying Solana’s Saga telephone at a speedy tempo. co-founder Raj Gokal tweeted on December 15 that the corporate’s telephone gross sales had jumped tenfold within the final two days, placing them on observe to promote out earlier than the brand new yr.
Since its launch on Could 8, the Solana Saga telephone has supplied a free airdrop of 30 million BONK memecoins to new house owners. The token’s current value improve, nonetheless, presents an interesting arbitrage alternative for consumers.
Arbitrum recorded transactions of $721 million, whereas Solana-based DEXes recorded transactions price greater than $912 million, in accordance to statistics from DeFiLlama. In the meantime, with over $1 billion in transactions, market chief occupied the highest spot. Solana noticed a staggering 81% development in DEX volumes over the earlier week, reaching over $6 billion.
Bulls Striving Arduous
On the time of writing, SOL is buying and selling at $75.31, down 1.14% within the final 24 hours as per information from CoinMarketCap. Furthermore, the buying and selling quantity is down 27.54%. Regardless of the correction, the SOL value remains to be up 21% within the final 30 days.
Supply: CoinMarketCap
After dealing with extreme intense promoting strain across the $77.4 mark, the worth discovered help at $67.2 stage on December 13. Nonetheless, the bulls drove the worth to make a failed try to clear above the $77.4 mark.
If the worth manages to go previous $77.4 stage, then it is going to probably check $79.2 resistance stage. However, if the worth goes beneath $72.2 stage, then it is going to probably decline additional to check $67.2 help stage.