Early Solana Investor Sells Millions in SOL, Backs New Rival Targeting $0.04 to $3 Surge After Listing

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An early investor in Solana has sold a massive amount of SOL tokens. Now, the investor is backing a new rival aiming to jump from just $0.04 to $3 after it lists. This unexpected move hints at big shifts in the crypto world. What could this mean for Solana and the wider market?

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Solana’s Price Surge Faces Key Levels: Will It Continue to Rise?

Solana (SOL) has risen over 20% in the past week and more than 40% this month, reaching a price range between $152 and $178. The coin is approaching a resistance level at $193. If it breaks this level, it could climb to the next resistance at $218, which would be an increase of about 22% from the current high. However, signals suggest that Solana might be overbought. If it doesn’t move past $193, the price might fall back to the support level at $142 or even down to $117. It’s a crucial moment to see if Solana’s upward trend will continue.

Conclusion

As the 2024 bull run unfolds, established cryptocurrencies like Solana (SOL) may exhibit less short-term potential. In contrast, emerging platforms like CYBRO are attracting attention. CYBRO is a technologically advanced DeFi platform that offers investors unparalleled opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, it ensures a superior user experience with seamless deposits and withdrawals. By emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

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Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

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