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Solana’s price plunged 5.6% in the last 24 hours to negotiate $ 232.61 to 4 h 05 hne on an increase of 15.5% in the daily negotiation volume to $ 9.62 billion.
This leap into the soil price occurs after Galaxy Digital has increased additional $ 306 million on Coinbase and Binance, purchasing $ 1.55 billion in the last five days.
Galaxy Digital has just recovered $ 1 billion $ Soil this week.
Do you think the price is not going to Ath this month?
Coping stronger. pic.twitter.com/mldsyz3rp3
– Zyn (@ zynweb3) September 14, 2025
Purchases coincide with a regular growth period for the network. Solana is known for its ability to quickly treat high transactions volumes at very low costs, making it a preferred choice for decentralized financial applications, non -buttons (NFT) and other blockchain projects.
1 / We did not choose $ Soil Because it was fashionable.
We have chosen it because we are believers who know that Solana wins in each metric.
Speed. Cost. Speed. Development activity. Speed of the ecosystem. No one else is getting closer.
Hear @Theotherparker_ Why $ Soil was obvious for $ DFDV. 👇 pic.twitter.com/silddithqzr
– Defi Dev Corp. (DFDV) (@defidevcorp) July 23, 2025
The investment of Galaxy Digital strengthens the point of view of certain important investors that Solana has great growth potential while the adoption of blockchain continues to develop. The growing soil demand reduces sales pressure, helping to maintain prices.
Solana price supported by strong growth in network activity
In addition to institutional purchases, data on the Solana chain show a healthy and growing network. The total value of the platform locked in DEFI reached a top of $ 13 billion, stressing the regular increase in activity and the amount of secure capital in smart contracts on Solana blockchain.
Floor Total Value Located Source: Defillama
This shows that more users and developers choose Solana for their decentralized financing projects, contributing to its expanding ecosystem.
The Solana network has also recorded coherent growth in transactions and the number of portfolio addresses interacting with the blockchain. This growing user base shows that more people actively engage with the network, providing additional support for the appreciation of Solana prices.
This increased TVL combination and more active users gives prices a solid fundamental basis and reduces the possibility that prices are simply due to speculation.
Solana price: a technical overview shows positive signs
Technically, Solana remains in a bullish position. A golden cross recently took place. This technical model is often considered a strong sign of a bullish trend and could indicate an upward dynamic for the price of the soil in the coming weeks.
Solusdt Source analysis: tradingView
The Solana price is negotiated near a technical resistance level just below $ 250. This $ 250 price acted as a ceiling for previous price thrusts, so that buyers will observe this level closely.
Additional technical indicators support a positive view for Solana. The relative force index (RSI) is located almost 64 years, which indicates the purchase of force but still leaves room for additional gains because it has not yet reached exaggerated territory.
The graph of the Diver of Mobile Average Convergence (MacD) shows an enlargement of the Haussier crossing, suggesting that the purchase of pressure through intermediate negotiation sessions increases. Meanwhile, the average directional index (ADX) remains low at around 18, indicating that the current trend can be in its early phase with potential to turn into a stronger trend.
If Solana can cross the resistance level of $ 250, the next price target could be the previous summit nearly $ 295. In the event that the price meets a strong resistance and does not exceed $ 250, a decline on the mobile average of 50 weeks, around $ 180, is possible.
Overall, these technical signs suggest a prudently optimistic scenario for the resolution price with a place to rally.
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