Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?

Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve’s announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana’s price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts. Related Reading: Ethereum Whales Load Up:... source: https://www.newsbtc.com/news/solana/solana-holds-monthly-support-as-network-activity-grows-time-for-a-breakout/