Solana price held steady this week because, let’s face it, crypto investors finally remembered they have a “buy the dip” button. 🎉 Meanwhile, the rest of us were busy trying to figure out if our 401(k)s are still a thing. 😅
- 🐂 Solana’s falling wedge pattern is so bullish, it’s basically wearing a “Buy Me” t-shirt. 🤑
- 💰 Spot Solana ETFs are raking in $613 million-because who doesn’t love a good ETF party? 🎊
- 📈 Transactions and active users are soaring faster than my hopes after a second date. 🚀
Solana (SOL) token hit $145 today, Nov. 28, up 18% from its monthly low. Why? Because apparently, it’s not just my self-esteem that’s on the cusp of a roughly 80% surge. 😏 Here’s the tea:
Solana’s Falling Wedge: The Comeback Kid 🦸♂️
The daily chart looks like a bad breakup followed by a dramatic reconciliation. Since September 25, SOL has been forming a falling wedge-basically two trendlines having a converging party. 🎉 And guess what? It’s already broken above the upper line, like me sneaking out of a boring meeting. 😎
The RSI went from “I’m fine” (28) to “I’m thriving” (44), and the PPO did a bullish crossover that would make Dancing with the Stars jealous. 💃 So, yeah, a rebound to $253 (80% up) is on the table. Or, as I like to call it, “the September high of ‘I told you so.’” 😌
Solana’s Fundamentals: The Glow-Up Edition ✨
SOL isn’t just a pretty chart-it’s got the stats to back it up. Nansen says Solana is the Beyoncé of crypto networks: 1.84 billion transactions in 30 days, beating Ethereum, BSC, Base, and Arbitrum combined. 💅 Active addresses? Up 13% to 63.1 million. That’s more than the number of times I’ve rewatched Mean Girls. 🎀
CoinGlass data shows SOL’s futures open interest hit $7.5 billion-because leverage is the new black. 🖤 And American investors? They’re hoarding SOL ETFs like I hoard snacks in my desk drawer. $613 million in inflows, bringing the total to $917 million. If ETFs hit Ethereum’s 5% market cap, we’re looking at $4 billion. 💸
So, is Solana about to pump 80%? Maybe. But one thing’s for sure: it’s got more momentum than me after three cups of coffee. ☕️ Let’s see if it sticks the landing. 🏆
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2025-11-28 19:04