Solana Overshadows Crypto Market, Bulls Press To Sustain 16% Weekly Jump ⋆ ZyCrypto
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Digital assets sustained nominal gains to end the week, signaling prospects for a total recovery. Most assets consolidated on previous double-digit gains, breaking resistance levels as positive news bolstered trader confidence. The total digital asset market cap surged 2% to $2.67 trillion, with weekly gains exceeding 5.5%.
Solana Leads The Pack
Solana’s weekly gains outpaced other top crypto assets due to high institutional demand. Over the last week, bulls bought huge amounts of Solana, driving up the asset’s value. Solana changes hands at $134.90, marking a large 16% this week. Several factors, including a soaring institutional appetite, whale accumulations, spot ETF…