Western Union's Solana-Based Stablecard Launches at 175 Million Visa Merchants
Western Union has launched its Solana-based Stablecard, which can be used at over 175 million Visa merchants worldwide. This marks a significant milestone for the adoption of blockchain technology in the financial sector.
The SOL price prediction models now take into account this real-world adoption, with the current price holding steady around $74.4 within its Bollinger Bands. The upper resistance level is at $74.78, providing a clear target for traders to aim for.
The technical indicators are also pointing towards bullish momentum, with the EMA50 serving as concrete support at $73.86 and the EMA200 acting as an upside cap at $74.72. The MACD golden cross is at 0.21, confirming the upward trend, while the RSI of 58.53 suggests that the price still has room to move before reaching overbought territory.