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Crypto

Solana Price Skyrockets to Highest Level Since January as ETF Demand Surges

Guavy AI Editorial Team
Instruments
SOL
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Solana's price has surged to its highest level since January 31, exceeding $109 on August 27 after gaining over 12% in 24 hours.

This uptick is attributed to renewed ETF demand and stronger on-chain activity, which have supported the latest crypto-market rally.

The coin has crossed the crucial resistance level of $97.58 and reclaimed its 200-day moving average, strengthening its technical structure after recovering from this year's lows.

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