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Solana (SOL) up 4% Amid Broader Market Rout, Why Is SOL Holding Down Fort?

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Solana prints 4% growth to keep price above crucial support level

relatively higher price growth, especially when compared to its rivals over the trailing seven-day period.

The digital currency is changing hands at $21.95, atop a 1.17% slump overnight. Solana breached the $20 price resistance back on April 10 and, since then, the bulls have held down the fort and prevented a renewed tailspin below this level.The question now remains what is happening within the Solana ecosystem that is encouraging the steady growth of a protocol that has maintained 4.78% growth in the past week.

With more users preordering the mobile phone and additional utilities making their way in, the attractiveness of the Solana blockchain is growing. This positive sentiment is pushing a renewed buy-up and also fueling the trust of current holders to HODL their bags.

 

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