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Crypto Market Update: Solana Jumps 11% to $87 as Heavy Volume Signals Strong Buying
Solana USD surged 11.37% in 24 hours to $87.54 on February 9 after it rebounded from an $84.12 intraday low amid heavy trading activity. Trading volume climbed to 5.2 billion, nearly 21 times the daily average. It clearly signals strong participation during the rebound. Despite the sharp move, SOLUSD is still far below its 50-day average of $126.08. Now the question si whether buyers can sustain momentum. The rally followed a month-long decline of 38.26%, which created deeply discounted prices that attracted fresh demand. This sudden reversal placed Solana at a key technical juncture as traders assess short-term ... (full story)
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