Despite weak market conditions, Solana shows signs of accumulation, suggesting strong investor confidence. The decline in the Network Value to Transactions (NVT) ratio indicates a balance in network activity, which may drive price recovery.
Currently priced at 146 USD, Solana must maintain support at 144 USD to reflect bullish momentum. Should it hold above this level, further price targets include 152 USD and 161 USD, while a drop below 144 USD risks pushing it to 136 USD.
Leave a Reply