Solana (SOL) is extending its rebound and is closing in on a key technical threshold near $90, a level traders are watching as a potential trigger for a broader breakout across high-beta altcoins. Despite a modest dip on the day, SOL’s weekly advance underscores a renewed risk-on tone as Bitcoin (BTC) holds above $81,000 and Ethereum (ETH) remains near $2,300, helping stabilize sentiment across the market.
As of May 7 at 3:58 a.m. UTC, Solana was trading at $88.42, down 0.66% over the previous 24 hours but up 6.39% on the week. The token’s market capitalization stood at roughly $51.0… Read more
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