Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday.
Solana (SOL) rose by as much as 5% on Tuesday, as prices climbed back above a recent support level. SOL/USD surged to an intraday high of $21.70 earlier in today’s session, which comes a day after trading at a bottom of $19.87. Today’s move saw the token reenter its $20.00 price floor, after a failed breakout attempt to start the week.
Tron (TRX) climbed higher for a fifth straight session on Tuesday, breaking out of a recent ceiling in the process. Following a low of $0.06414 to start the week, TRX/USD raced to an intraday high of $0.06638 earlier in the day. Tuesday’s surge pushed tron to its highest point since last Thursday, which comes after prices broke out of a ceiling at $0.06565.
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