Solana defies crypto market decline with 10-day rally
20th April 2025 – (New York) Solana’s price has shown resilience in the face of market-wide declines, rallying nearly 20% in the past week and 8% over the past month. At the time of writing, Solana (SOL) trades at $138.75, having rebounded from its downward trend on 10th March and consolidating around the $135 level, a critical zone for the Ethereum alternative token. With a support level at $125.82, SOL remains positioned for further upward movement, bolstered by bullish momentum indicators like RSI and MACD.
On-chain data reveals Solana’s dominance in activity compared to Ethereum and Base, leading with over 4 million active addresses in the past seven days. Similarly, Solana outpaced its…