Solana: Weekly Transactions Hit New ATH
Solana crosses 1B weekly transactions for second straight week at $76.16, with EMA50 support at $75.18 and upper Bollinger at $77.33.
SourceAnalysis
Solana crossed 1B weekly transactions for the second week running, posting a fresh ATH and reinforcing network throughput and transaction volume growth drivers.
Price action shows SOL at $76.16 inside the Bollinger bands, pressing the upper resistance at $77.33 while the EMA50 at $75.18 and EMA200 at $75.07 act as layered support; RSI at 54.64 stays neutral even as MACD prints a death cross, suggesting a brief pullback to the 50-EMA before any continuation higher.
Fundamentals continue to strengthen, making SOL price prediction scenarios tilt bullish as throughput records compound.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast