Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and New Year period, where market volumes were somewhat muted. Cosmos was also in the green, as prices rose to a multi-week high.Solana was one of the notable gainers on Tuesday, as the token climbed by as much as 8% in the day.
Following a low of $11.05 on Monday, SOL/USD surged to an intraday peak of $12.02 during today’s session. The move saw solana rise for a fifth straight day, hitting its highest point since December 23 in the process.Looking at the chart, Tuesday’s surge comes as SOL moved beyond a ceiling of $11.80, with the relative strength index also nearing a resistance point.
As of writing, the index is tracking at 50.83, which is moving towards a major ceiling at the 53.00 mark.Cosmos (
Good start for SOL ngl
Solana will be big next week. U will see
It's great to see the crypto market making progress! DeFi is driving innovation & SOL & ATOM are proving it. Exciting times ahead!
The crypto space is really heating up. SOL & ATOM are proving their resilience & DeFi is pushing us towards more inclusive financial services. A bullish sign ahead! 🚀📈
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