SolanaSOLUSD

Daily Market Briefing

Bullish

Solana's SOLUSD price surges 4% to reclaim $120 resistance amid favorable US inflation data.

In the past 24 hours, Solana's SOLUSD price increased by 4%, surpassing the $120 resistance level. This rally was driven by a more favorable US inflation backdrop, with trading volume reaching approximately $4.2 billion, about 6.5% of SOL's circulating market capitalization.

Key points

  • SOLUSD price rises 4% to reclaim $120 resistance amid favorable US inflation data.
  • Trading volume stands at approximately $4.2 billion, about 6.5% of SOL's circulating market capitalization.

Sources

AI-generated from public news sources. Not financial advice.

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