{"id":15654,"date":"2023-01-04T15:45:31","date_gmt":"2023-01-04T15:45:31","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/04\/solana-interest-grows-as-price-eyes-a-bullish-push-after-weekly-40-gains\/"},"modified":"2023-01-04T15:45:32","modified_gmt":"2023-01-04T15:45:32","slug":"solana-interest-grows-as-price-eyes-a-bullish-push-after-weekly-40-gains","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/04\/solana-interest-grows-as-price-eyes-a-bullish-push-after-weekly-40-gains\/","title":{"rendered":"Solana interest grows as price eyes a bullish push after weekly 40% gains"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Solana token has gained by nearly 40% in a week as community exercise surge<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The weekly gains have been impressed by the Bonk token airdrop<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">SOL faces resistance at $14<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Solana (SOL\/USD) is making a sturdy return after a tough spell in 2022. Frequent hacks, FTX collapse, and a extended crypto winter are a few of the ails of Solana in 2022. In specific, the FTX crash noticed SOL fall under $10. But a return of practically 40% in a week is sending a assertion that traders are usually not completed with the proclaimed Ethereum killer.\u00a0<\/p>\n<p dir=\"ltr\">According to Solana Foundation head of technique and communications Austin Federa, SOL is defying the FTX contagion. The community has seen rising on-chain exercise for customers and builders. He says no initiatives are migrating from the blockchain, underlining Solana\u2019s strengths and efficiency.\u00a0<\/p>\n<p dir=\"ltr\">The newest gains in SOL come amid elevated investor interest. That comes after the launch of the Shiba-Inu-themed Bonk (BONK) token. According to the newest <a href=\"https:\/\/coinjournal.net\/news\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrency news,<\/u><\/a> BONK might be airdropped for as much as 50% of its provide. About 20% of the airdrop will go to Solana NFT collections. The growth has seen a number of initiatives on Solana combine bonk tokens to be used in transactions on listed NFTs.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>SOL price outlook and evaluation approaching resistance<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/00\/04\/1672846922441-156e3aea-547c-4365-ab20-f148aa7aa446.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"286\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>SOL\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">From the technical outlook, SOL is barely bullish however largely bearish. The indicator is approaching the impartial zone, though it exhibits SOL is bearish. Resistance lies at $14, barely under the SOL price.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>What subsequent for the SOL price?<\/strong><\/h2>\n<p dir=\"ltr\">The gains in\u00a0<a href=\"https:\/\/coinjournal.net\/solana\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>SOL price<\/u><\/a> are optimistic after a extended bear market. However, $14 might be a check for bulls. A bullish situation might be strengthened if the cryptocurrency breaks above the resistance stage. That may see SOL keep the uptrend to $18 and past.<\/p>\n<p dir=\"ltr\">On the flip aspect, SOL will face bears at $14. Buyers may exit on the overhead resistance to pressure a correction. That may see the token retest the $11 or $10 backside.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase SOL<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro provides a big selection of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTkxMTY&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SOL with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Public<\/h3>\n<p>Public is an investing platform that permits you to make investments shares, ETFs, crypto, and different property like nice artwork and collectibles\u2014multi function place.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/public-crypto?guid=OTkxMTY&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SOL with Public today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/solana-interest-grows-as-price-eyes-a-bullish-push-after-weekly-40-gains\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Solana token has gained by nearly 40% in a week as community exercise surge The weekly gains have been impressed by the Bonk token airdrop SOL faces resistance at $14 Solana (SOL\/USD) is making a sturdy return after a tough spell in 2022. Frequent hacks, FTX collapse, and a extended crypto winter are a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[539,114,543,699,269,110,71,316,1233],"class_list":["post-15654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bullish","tag-eyes","tag-gains","tag-grows","tag-interest","tag-price","tag-push","tag-solana","tag-weekly","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=15654"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15654\/revisions"}],"predecessor-version":[{"id":15655,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15654\/revisions\/15655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/15656"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=15654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=15654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp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