The cryptocurrency market is showing positive signs for Solana and Cardano, as the volume of transactions with these coins has increased, according to ChangeNOW, a registration-free crypto exchange. This growth in activity suggests that investors are starting to collect, potentially leading to more growth in the future.
Solana (SOL) has gained strong bullish momentum, with prices rising to the $230 level. The nearest resistance is at $253, and if the bulls push further, SOL may reach this level soon. The 10-day simple moving average is above the 100-day average, indicating bullish momentum. The RSI is above 60, reflecting that buyers are dominating but the asset is not yet overbought.
In the last week, SOL has increased by more than 34%, and in a month, it has increased by almost 50%. If this trend continues, Solana could target the next resistance at $314, which could represent significant percentage gains. For those considering buying Solana, ChangeNOW can be an optimal solution, as it requires no registration and has no hidden fees.
