Solana's Recovery 🏥
Since the start of the year, Solana has performed well, with 157% growth so far.
Solana (SOL) has been a relatively high performer since the start of the year, with 157% growth in the year-to-date (YTD) period to prove it. The Solana market bears may be in charge at the moment, however, chances remain that this current negative outlook will not last for long. Key Solana project growth from Render Network ($RNDR), Helium ($HNT), Audius ($AUDIO), and NFTs may be responsible for recovering much-needed long-term sentiment in Solana after the devastating FTX chaos.
PBN Research
Solana at Crucial Resistance
Solana (SOL) has been a relatively high performer since the start of the year, with 157% growth in the year-to-date (YTD) period to prove it. At the moment, the price of the Layer-1 blockchain protocol is down by 4.18% over the past 24 hours in what appears to be a rejection of the crucial resistance point of $27.
Bonk Started the Rally
Solana's (SOL) recent recovery after its FTX-fueled downfall has been nothing short of impressive, with staggering gains of 76.21% in the past month. 56.31% of those were in the last 2 weeks, and 28.53% in just the past week.
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