Crypto
Solana Prices Surge Above $100 After $9.74 Million Buy Order
Solana's price has climbed above $100 after a significant purchase of SOL tokens worth $9.74 million from a historically profitable trader who returned to the market after two years.
This large buy order has boosted investor confidence and coincided with Solana testing a key resistance zone between $100 and $104.
Technical indicators suggest that if SOL holds above $100, it could push towards $120. However, there's also a possibility that the price may retrace to support around $82-$85 first.