The prediction of the Solana price has occupied a central place, since the cryptocurrency firmly defends the support level of USD 140, driven by the extraordinary success of its meme coin launch platform, Pumpfun.
The recent milestone of this platform to overcome Ethereum in annual rates, raising USD 294 million compared to the USD 249 million Ethereum, highlights an increase in the activity of the Solana network that could significantly influence the future value of sun.
Pumpfun’s meteoric ascent, a platform designed for fair tokens launches without presales or equipment assignments, shows the growing Solana ecosystem and its attraction for traders looking for great volume opportunities.
As Solana exceeds other block chains in revenue generation, investors are attentive to Si Sol can break their current resistance and rise to new heights.
Pumpfun’s rise and its impact on Solana
When eclipssing Ethereum, Pumpfun underlines scalability and profitable transactions of Solana, which makes it a magnet for meme coin traders.
This launch platform, with a 24.41 million transactions count and a volume of operations of 952.35 million dollars According to geckoterminalhas become a power for fast trade in the Solana Red.
The best yields, such as Lljeffy, Stickman and Fartcoin, have promoted this impulse, achieving impressive market capitalizations and negotiation volumes that reflect the bustling solar activity.
Beyond a passenger fashion, the success of Pumpfun indicates a deeper change, with Solana infrastructure, demonstrating to be ideal for decentralized applications (DAPPS) and brokers.
In April alone, Solana DAPPs accumulated more than USD 162 million in revenue, a clear sign of a prosperous ecosystem prepared to rival giants such as Ethereum.
As Pumpfun continues to attract users and generate substantial rates, consolidates the status of Solana as a first level block chain for high performance applications.
This greater adoption and investment could boost the value of the Solana network, preparing the scenario for an upward prediction of the Solana price in the coming months.
Solana price forecast
The prediction of the short -term solana price is bassist, with the indicator of convergence and divergence of the mobile average (MACD) hinting at a bearish crossing and the relative force index (RSI) showing higher minimums that suggest a change of impulse.
In case Sol falls below the 140 dollar support, there could be a fall to 112 dollars, historically a strong purchase zone.
However, the solid growth of the ecosystem, driven by the domain of Pumpfun and the increase in income, feels a solid base for a possible price recovery.
Looking ahead, analysts remain optimistic about the prediction of the Solana price, pointing to a break above 180 dollars as a springboard around 200 or even $ 300.
The upward divergence of the CMF weekly indicator and the decrease in the MACD’s sale pressure reinforce this long -term optimism.
A recovery in the volume of operations, together with the re -entry of Sun on its ascending parallel channel, could trigger a significant rebound, surpassing other leading cryptocurrencies.
The recent Solana solution of a vulnerability of confidential transfers, discreetly resolved with zero knowledge tests, improves its reputation as a resistant network.
This rapid response to a critical problem, while exposing the complexities of decentralized updates, ultimately strengthens the confidence of investors in the future of Solana.
With the continuous success of Pumpfun and the possible innovations of layer 2 on the horizon, the prediction of the Solana price leans towards optimism, positioning Sun as a main contender for investors looking for the next advance of the block chain.
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