SOL / TetherUS
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SOL/USDT: Growth Fueled by Inflows and Network Expansion

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News: The Solana spot ETF in the U.S. has seen a significant inflow of capital, with over $476 million USD coming in over 17 consecutive days. At the same time, the Solana network has reported strong revenue growth, reaching around $2.85 billion USD. These factors have bolstered investor confidence in Solana, creating a favorable environment for the upward trend of SOL/USDT.

Chart: On the H4 chart, SOL/USDT is currently trading within a strong uptrend channel, supported by the Ichimoku cloud at 133.23 USD. The price is in the support zone around 128 USD, and there is potential for a strong rebound if it continues to hold above this level. If SOL/USDT maintains this trend, the next target could be 145 USD, where there is strong resistance in the short term.

Outlook: With positive macro factors and a clear technical structure, SOL/USDT could continue its strong uptrend, aiming for the 145 USD resistance level in the near future, as long as the price stays above 128 USD.
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Feragatname

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