The post Solana (SOL) Outpaces BTC as Solana DEX Records $41B Weekly Volume! appeared first on Coinpedia Fintech News
Solana (SOL) has caught the attention of the crypto market, rising 2.47% to reach $245.87 in its latest trading session. This upward momentum highlights the growing strength of Solana’s ecosystem, which continues to impress with its speed and efficiency.
As the network proves its resilience, attention has turned to whether SOL can surpass the $244 resistance level and reclaim the key $250 mark.
SOL/BTC Shows Bullish Momentum
Solana’s rise hasn’t been without challenges, but its performance against Bitcoin (BTC) has become a focal point for traders. The SOL/BTC price ratio has recently seen a breakout, rising by more than 1% in just one week. This move comes after months of a tight trading range, often referred to as triangular consolidation in technical terms.
Meanwhile, this breakout suggests that the bulls are finally taking control, pushing the
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