SOL has conquered the $38 zone and buying has started to push in to help SOL continue to move up to the $50 zone. But if it loses this $38 zone, it will fall sharply to the $32 or even $24 zone by the end of August.

🔴Buy : 37-39$. SL if B
🔴Sell : 49-51$. SL if A
🔵Sell : 37-39$ if B. SL if A 🔵Buy : 31.2-32.8$ if A. SL if B 🔵Buy : 23.4-24.6$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Solana is a high-speed single-layer blockchain, currently supporting peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH").
  • Core technical team comes from Qualcomm, a Fortune 500 chip manufacturer, where they managed projects such as Firefox OS and the BREW Operating System.
  • As of the time of writing, the project has over 80 active third-party validators and over 50,000 community members across Telegram, Reddit and Twitter.
  • Solana raised over 25 MM USD from investors including Multicoin Capital, Foundation Capital, Distributed Global, Blocktower Capital, NGC Capital, and Rockaway Ventures.