Will Solana explodes with a record volume of 12 million floor in 24 hours: will the soil price follow?

The storm has shaken the entire cryptocurrency market in recent days, and despite the turbulence, Solana has not escaped the downward trend. In this uncertain climate, while many altcoins struggled to regain colors, Solana managed to get out of the game, with an explosion of the volumes of exchanges and significant increases in its TVL. However, the soil price always seems to face notable resistances.

Solana displays exceptional volumes: the largest increase in 30 days

Solana news: in 24 hours, The volume of Solana (soil) exchanges recorded an increase of 300 %reaching record sums, or 12 million soil exchanged. This peak has been the most important for 30 days, meaning a renewed interest in this blockchainafter a period of relative calm.

However, despite this Massive influx of transactions,, The soil price did not react as expectedstagnated around $ 100, without managing to cross crucial resistance thresholds.

This situation raises the question of the relationship between volume and price. On the one hand, the sharp increase in volumes could be interpreted as A sign of accumulationor even an entry of institutional investors, attracted by the advantages of Solana in the field of DEFI.

But, on the other hand, the Resistance around $ 130 at $ 140 There remains a difficult obstacle to overcome for soil, despite bull signals on weekly graphics.

A possible rebound, but the resistances to be overcome remain strong

In addition to this explosion of volumes, The Total Value Locked (TVL) of Solana has crossed a new summit In terms of soil, strengthening the solidity of its DEFI ecosystem. However, these performances did not translate directly into an increase in the price of the crypto.

The Solana Dex network continues to attract users, but the question persists: why have not these impressive volumes allow soil to exceed the $ 120 mark and initiate a real upward recovery?

The market seems divided. If Some technical indicators suggest increases inwith purchase signals, others prefer prudence, observing the evolution of mobile averages and levels of support and resistance on soil.

Ali (@ali_charts) recently tweeted:

TD Sequential displays a purchase signal on the weekly graph of #Solana! $ Floor must stay above $ 95 and cross $ 121 to prepare a rally around $ 147.

This shows that, even with positive signals on graphics, Solana still has to cross important thresholds to consider a lasting increase. It was not until this time that the possible explosion of the soil course will be able to materialize.

Key points to remember:

• 12 million soil exchanged in 24 hours, marking a record peak in 30 days;
• TV in ground reaches a new summit, signaling a reinforced adoption of Solana;
• Solana meets a major resistance around $ 120 and $ 130;
• The exchange volumes and the interest DEFI support the project, but a rally will depend on crossing key technical thresholds;
• Purchasing signal on the weekly graphic, according to Ali, but the soil price must remain above $ 95 and cross $ 121 to start a rally around $ 147.

Last weekend, Solana chained remarkable performance in the DEFI, with record volumes and a TVL that continues to increase. However, this dynamic did not allow soil to cross the resistance barriers, with a price that remains awaiting a real break. If the market maintains its interest in Solana and the volumes continue to grow, then Sol could well react in the coming weeks. But for the moment, the road remains strewn with pitfalls.