Nov 10, 2025
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– Solana gains bullish momentum, trading at $168.2, up 6.4% – SOL’s market cap increases by nearly $6 billion – 24-hour trading volume rises 60% to $5.52 billion – Resistance level identified at $167; potential rally toward $184 – Key support zone at $147.49, critical for market confidence – Bollinger Bands and RSI suggest improving momentum – PEPENODE raises $2.1M, linking excitement to SOL’s surge
Solana ($SOL) Price Movement
- Solana has rebounded to $168.2 after a correction, marking a 6.4% increase in the last 24 hours.
- Market capitalization increased by nearly $6 billion.
- Trading volume rose by 60%, reaching $5.52 billion, indicating renewed investor interest.
- An ascending triangle pattern suggests potential bullish continuation, with a key resistance at $167.
Support and Resistance Levels
- The $147.49 level is identified as crucial support, showing high buying activity.
- Maintaining above this level indicates strong market confidence; falling below may lead to further downside pressure.
Technical Indicators
- On the daily chart, SOL is near the midline of the Bollinger Bands around $168.
- A breakout above the upper band near $179 could confirm continued bullish momentum.
- The RSI indicates recovery from oversold conditions, suggesting potential for further price increases.
PEPENODE Project Highlights
- PEPENODE, related to Solana's price surge, aims to make crypto mining interactive.
- Users can create virtual mining setups to enhance performance.
- Built on Ethereum with a deflationary token model, burning 70% of tokens from node purchases.
- Raised $2.1 million in presales with staking returns up to 614%.