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Solana’s price today climbed back to $ 145Return to the level that was at the beginning of the week before the US began strikes against Iran.
This means that SOL increased by 17.5% last month, with altcoin holding 6% profit last year.
This is a modest return, but the recent data shows institutional demand for SOL to achieve new maximum maximum Futures Solana on CME hit a volume of 1.75 million contracts.
The demand for token is therefore constantly growing as the coin has some of the strongest foundation on the market, Long -term prediction of Solan’s price It remains very strong.
Prediction of Solana Price: Institutional Demand High High High – $ 1,000 Sol Input
Sharing your data on x, Glassnode published Yesterday that the increase in SOL CME contracts “suggests that institutional investors aggressively place as prices of rebounds on ~ $ 145.”
As shown in the above graph, the volumes were high in June, which boasts three of the busiest days in terms of futures Solana this year.
This suggests that after a difficult period for Solan and the wider market, investors (including institutions) are constantly returning to the token and buying it while it remains relatively cheap.
In recent days, there have also been some main transfer transfers, while yesterday also evidenced Movement 107.7 million USD in Sol from one unknown wallet to another.
Therefore, there may be a good moment to restore the purchase of Solana, given that The ceasefire between Iran and Israel seems.
Ending hostility in the Middle East could be a factor that helps the price of Solan to recover in the coming weeks and months, and his chart today shows the signs of reflection.
After a few weeks below its baseline, SOL has the average average convergence (orange, blue) below and has started to rise, which is again a sign that it turns the corner.
We see something similar to his RSI (Purple), which has been reflected from 30 in recent days and also looks like it will have a trajectory up.
Combined with Solan’s Bull Foundations (eg The second largest L1 in terms of tvl, Large updates on the horizon), such techniques point to the ever -rising price of medium and long -term.
The Solana price could therefore hit $ 160 in the next or two weeks before it entered by August for just over $ 200.
Snorter receives $ 1.2 million because it is preparing to start an automated sniper boot: Another big thing?
As strong as Solana remains, traders may want to diversify their portfolios to increase their exposure to the potential.
This means assigning a percentage to smaller, newer chips, including pre -sale coins that can be familiar with the first time.
For example, Token Snorta based on Ethereum and Solan (Snort) She has now received just over $ 1.2 million in her ICO.
It attracted investors based on its state -of -the -art business shoe, which boasts an automated blasting feature to help users create stores in front of the crowd.
Not only will Snipe Emerging Coins help users, but also comes with features such as copies, atomic swaps, commands and rugpulls protection.
It is therefore an extremely complex and efficient trading shoes with native snorting tokens, which is necessary to pay access to its functions.
Snort will have a maximum supply of 500 million chips, while holders will also be able to bet for normal income.
You can buy it soon by going Snorter website and connecting a wallet such as the best wallet.
It is currently available for $ 0.0963, but it will increase in two days, so newcomers should act quickly.
Contribution Prediction of Solana Price: Institutional Demand High High High – $ 1,000 Sol Input He appeared for the first time Cryptonews.
