Solana Soars to $137.93 as Whales Maintain Holdings

Solana has rebounded from recent losses, rising 8.41% in 24 hours to $137.93. This contrasts with declines from Bitcoin and Ethereum, the leading cryptocurrencies. Solana's price has broken a key resistance level at $136.78, indicating strengthened buying pressure.

The Relative Strength Index (RSI) has surged from 5 to 65 in 36 hours, underscoring significant buying pressure. This dramatic rise suggests a possible shift towards positive short-term momentum.

Analysts agree that long-term growth will depend on fundamental factors, such as the recent Ethereum ETF approval, which could pave the way for other crypto ETFs, including Solana.