🚀 Solana outperforms Ethereum despite 10% price drop

🚀 Solana Surpasses Ethereum: Solana (SOL) has outperformed Ethereum (ETH) in price surge and trading volume over the last 30 days. On August 1, 2024, Wu Blockchain reported that Solana surpassed Ethereum in monthly DEX trading volume.

📈 Price Surge: Solana saw a 10% price increase in the last 30 days, while Ethereum lost over 10%. SOL is now trading near $161, experiencing a 12% drop in the last 24 hours, but with a 68% jump in trading volume, indicating high investor activity.

🔮 Price Prediction: SOL is at a crucial support level of $161 and appears bearish. If it falls further, it might reach $150. Despite this, SOL remains above the 200 EMA, suggesting long-term bullish potential.