SOL bulls break out of long-term resistance as over $1 billion worth of liquidity flows in. Solana achieves Brave integration to tap into more censorship-resistant benefits.
had a strong bounce back since the start of the year as did many top cryptocurrencies. However, since February, the altcoin has experienced a slowdown. But a recent signs suggested that the bulls are back and in a big way.SOL exchanged hands at $23.53 at press time, which represents a 16% upside in the last 24 hours at the time of writing. Zooming out reveals why this latest price spike is an important observation.since November 2021.
However, it’s not all sunshine around SOL. Solana’s development activity didn’t exactly inspire confidence as it was down to its lowest level in the last four weeks at the time of writing.Low development activity may have a negative impact on investor confidence. On the other hand, it appears to have had no impact on the latest rally, but may potentially discourage investors from holding on to their coins for longer.book of offerings and SOL investors couldn’t be happier.
According to the official announcement, users can now use the .Sol domain names within the Brave wallet. This development will facilitate easier transactions, identity management, and offer easier access to censorship resistant websites. Solana Name Service is now available to all Brave users! SNS is a top-level domain system on the Solana blockchain that allows for identity management, easier transactions & access to censorship-resistant websites.
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