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Biggest Movers: SOL up 15%, as Bullish Sentiment Continues to Rise

Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their highest point since mid-December, and comes as market sentiment has shifted in a bullish direction. Cardano was also in the green, as it hit a one-week high today.

Solana (SOL) rose for a sixth straight session on Wednesday, as market momentum remains bullish. SOL/USD surged to a high of $14.10 earlier in the day, less than a day after trading at a low of $11.83. Today’s rally saw the token climb to its highest point since December 15, when it last collided with a resistance level of $14.50.

Another notable gainer on Wednesday was cardano (ADA), which climbed to a one-week high earlier today. Following a low of $0.2505 on Tuesday, ADA/USD raced to a peak of $0.2668 earlier in today’s session.The move saw the token collide with a long-term resistance level of $0.2660, hitting its highest level since December 27 in the process.

(by Eliman Dambell)

Cardano Cardano $0.98
-1.14%
Solana Cardano
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