Solana Hits $117 Target as Analysts Eye $176 Breakout
- —SOL hit the $117 technical target after a breakout and retest
- —SOL trading volume rose 73.61% to $12.95 billion; open interest up 8.17% to $7.2 billion
- —DeFi Dev Corp bought 101,381 SOL, lifting its treasury to 2.49 million tokens
- —Solana has led all L1 and L2 networks in weekly DEX volume for 21 straight weeks
Why it matters: Holding $117 as support would open the path to $141 and $176, while a rejection could push SOL back into consolidation.
Source: TronWeekly