Solana price update: Slight recovery amid a market rebound.
Solana (SOL) is showing signs of recovery with a slight increase over the last 24 hours, in line with the overall recovery of the cryptocurrency market. 📈
Looking at the 4-hour chart data:
- SOL started at $134.30 and peaked at $139.30 during this period.
- After reaching that high, we saw a gradual cooling down to around $133.
- Trading volume was particularly strong during the middle phases, with over 12 million transactions at one point.
The current price movement shows that SOL is in a consolidation phase after a recent increase. Although the upward momentum seems to be slowing down (with lower highs and lows in the recent candles), the overall market sentiment is shifting positively, which may create support.
Content is for reference and discussion only, not investment advice.
