Solana Defies 2.8M Token Sell-Off—$160 Rally in Sight?
7
2
Solana shakes off a 2.8 million token dump like yesterday’s news—bulls now eyeing a $160 breakout. Who said crypto markets were rational?
Market shrugs off supply glut: Despite the flood of tokens hitting exchanges, SOL’s price action hints at stubborn accumulation. Meme coin degens and institutional gamblers alike seem to be buying the dip.
Technical setup screams upside: That 20% weekly bounce wasn’t luck—it’s a classic bull flag forming. Next stop could be 30% higher if resistance cracks. Just don’t tell the SEC about the leverage fueling this ride.
Wall Street’s worst nightmare: A blockchain that actually scales keeps mooning while TradFi dinosaurs argue about ’valuation frameworks.’ Maybe try printing fewer dollars next time?
By:
http://thecurrencyanalytics.com/altcoins/solana-eyes-160-rally-after-2-8m-token-dump-178621
