Solana Shows Signs of a Comeback After Steep Decline

Crypto expert Bluntz has noticed signs of recovery for Solana, a leading competitor to Ethereum, after its value plummeted by 64%. His analysis suggests that this rebound is fueled by a positive divergence in Solana’s daily chart, indicating increased buying activity despite the decline. This optimistic signal emerged ahead of upcoming regulatory news, with SOL Coin surging 13% from recent lows and surpassing $120. While a definitive bottom remains unclear, Bluntz believes Solana could outperform Bitcoin in future market bounces.