Solana Price Rebound Aims for 25% Surge as TVL Heads Toward $6 Billion

Quick Summary:

In Friday’s US trading session, the crypto market rebounded with renewed buying strength as the Bitcoin price spiked 4.34%.

After a week-long consolidation, the bullish momentum uplifted most major altcoins, including SOL, to kick-start a sustainable recovery.

Theoretically, the pattern shows a long pole defining the primary trend, followed by a counter-trend move led by two converging terminals.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis SOL Price Analysis Solana (SOL)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 08:30:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23006602

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About CoinGape

Main Topics: Crypto

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