
Solana’s price recently dipped amid broader market weakness but is showing strong signs of recovery driven by significant whale accumulation and improving technical indicators like the smart money index, RSI, and MACD. Large SOL transfers hint at potential market moves, while support and resistance levels suggest an upcoming breakout. Additionally, Solana’s ecosystem is bolstered by promising projects such as Solaxy, which continues to grow after a successful presale and listing. Analysts anticipate SOL could reach $200 by late July and possibly $500 by year-end, reflecting solid long-term bullish momentum.
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Solana Price Poised for Rally as Whales Ramp Up Accumulation Amid Promising On-Chain Signals
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