Solana is matching BNB Chain in liquidity, thanks to robust technical support at $120. Despite recent sell-off attacks, Solana has rebounded strongly, breaking the downtrend line. Currently trading near resistance, its popularity is growing with a 19% rise in new users and a 12% increase in DApp numbers last week. Liquidity providers like Jito and Marinade hold over $1 billion. Solana's momentum, driven by increased user activity and significant liquidity, suggests potential for further growth.
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