Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?
2025-07-03 23:01:27
Description
Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve’s announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana’s price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? While the market reacted to the Fed’s cautious tone, Solana’s on-chain metric...
$ETH
$2582.25
+0.86%
$IP
$2.935
--0.24%
$SOL
$151.83
--0.96%
$XRP
$2.2494
+0.35%
Latest News
- Don’t Blink—Dogecoin May Create Millionaires This Quarter, Analyst Says2025-07-04 03:44:18
- Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon2025-07-04 03:44:14
- Chainlink Flashes Daily Buy Signal – Breakout Next?2025-07-04 03:44:05
- Ethereum Price Completes Structure Break As Buyers Take Control, Why A Surge Above $4,400 Is Possible2025-07-04 03:43:52
- Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon?2025-07-04 03:43:40