Bullish momentum picks up for SOL and might drive it to $150 not too far off.

Solana (SOL) has profited from the transaction volumes meme currencies bring to its network as competition in the token-minting space becomes intense. Currently valued at $134.3 per token, SOL has increased by over 6% within the previous day.

Following the announcement of Raydium, trading volumes have risen by 38%. SOL has meantime given weekly gains of 17% as other meme currencies, but mostly Fartcoin (FART) has seen price explosion lately.

Bullish momentum picks up for SOL and may propel it above $150. Soon Solana (SOL) breached a declining triangle, therefore momentarily negating the bearish tendency of the pattern.

Momentum indicators have changed dramatically as the Relative Strength Index (RSI) passed over the signal line and the MACD's histogram has been on an upswing for the last week whole.

After descending triangle breakout, solana may climb to $150.
SOL has also above the 21-day EMA, hence the price trend now favors bulls.

With the $135 level marked, the $150 level would be SOL's next objective should positive momentum gain up speed.

Raydium's choice to start minting its own meme currency is good for the ecosystem as it can draw more producers' attention. It may not be ideal for Pump. While rivalry has heated up right away, it is positive news for the network overall.

#CanadaSOLETFLaunch #Solana #sol $SOL

BREAKING 💥💥

Someone just moved $42.2 f#cking 🤯 million worth of XRP.

Something big is brewing in the $XRP ecosystem...

Join us for an AMA with the co-founder of @Babylon Labs

🗓 Date: April 18, 2025
⏰ Time: 13:00 PM UTC

➡️ Mark your calendars!

Tune in to discover Babylon, a Bitcoin staking protocol that enables bitcoin holders to provide security and liquidity to Bitcoin Secured Networks (BSNs) and, in return, get the opportunity to earn validation rewards from those networks, and their $BABY token. 

Meet Our Speakers:
Fisher Yu, Co-Founder and CTO of Babylon Labs

Hosted by Karin Veri from the Binance Square team.

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When everyone is predicting a recession, the US stock market has started to rise instead 🤫

Currently, as many as 70% of Wall Street fund managers believe that the world is about to fall into an economic recession.
This is the 4th highest point in the past 20 years, second only to the 2009 financial tsunami, the 2020 pandemic, and the 2022 inflation peak—each time, it was near the bottom of the stock market.

They have almost never correctly identified the true turning point.

Why is this the case? It’s not that they aren't smart, but rather that they have always been using the wrong script.

"The market crashes → demand declines → companies cut budgets → economic recession" is the textbook scenario, but reality doesn't follow the script.

In fact, when consensus is overly concentrated and capital allocation is extremely conservative, the real risks have already been fully released.
The market is just waiting for a match to ignite a rebound.

Crypto is the same.
No narrative, no new money, no trading volume, but as long as the macro environment suddenly eases up, the rebound may start with altcoins. It's not that the fundamentals have improved, but rather that the chips are too light and the expectations are too low; even the slightest wind can amplify the movement.

So, the market is not captured by models; it is corrected by emotions.
And the moment that is easiest to correct is when everyone is betting in the same direction.

When Wall Street is full of thoughts about recession, we should instead look at who has already started to enter the market.
If history is to be right once more, it could be this time.