Top Performer Solana (SOL) Surges 8%, $30 Resistance Next?

• Solana (SOL) stands out as a top performer, gaining 8.01% in the past 7 days and trading above $24.
• Solana outpaces rivals, witnessing a 15% surge in locked funds in the past month.

Also, SOL’s trading volume exceeded $359 million in the last 24 hours, and the coin’s rise has sparked speculation among investors about its potential to breach the $30 resistance level.

This surge in locked funds has propelled Solana to climb the ranks, securing its position as the 9th largest chain in terms of locked assets, according to data from DeFi Llama. Recorded a remarkable leap from $205.11 million at the beginning of the year to $322.95 million at present.

Solana (SOL) Will Hit $30?

On the other hand, the Relative Strength Index (RSI) currently hovers at 57.74, suggesting a balanced between overbought and oversold conditions. As the RSI maintains this delicate balance, the crypto community remains on the edge of its seat. Awaiting further developments that could herald SOL’s ascent beyond the $30 threshold.

According to CoinMarketCap, Solana traded at $24.64, soaring 2% in the last 24-hour and 12% in the past month.

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