Will Solana’s growth in the NFT space reflect on SOL’s price chart? Assessing...
revealed that SOL’s price increased by 0.5% in the last 24 hours. At press time, it was trading at $20.96 with a market capitalization of over $8.2 billion.
SOL’s demand in the futures market was also high as evident from its green Binance funding rate. However, its popularity seemed to have declined lately as its social dominance plummeted.A look at Solana’s daily chart revealed quite a few market indicators that were bullish. For example, the MACD displayed the possibility of a bullish crossover.
’s Relative Strength Index registered an uptick and headed towards the neutral mark. However, the Chaikin Money Flow looked concerning as it went down.
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