Solana’s Resilience: Rising Activity Counteracts Price Decline

Despite a turbulent weekend in the crypto market, showing continued volatility and price drops across various altcoins, Solana has shown surprising resilience. While experiencing an 11% decline over the past week, bringing its price down to $125.94 after dropping from its peak of $253 on September 18th, it displays a notable counter-trend. Solana’s recent technical indicators suggest a potential turning point.