$SOL & $ENA Weekly Analysis - GNCrypto Analytics

On November 10, 2024, Solana (SOL) broke through the $210 resistance, signaling potential growth for SOL and related tokens. The support zone between $199 and $195 is crucial for maintaining upward momentum; failure to hold it could see SOL correct to $183–$172. Key resistance levels are $235.5 and the previous ATH at $260.06. Tokens like WIF, JUP, and PYTH are notable within the ecosystem.

Meanwhile, Ethena Labs' ENA has doubled in value in just six days, becoming the third-best performer of the week. With daily trading volumes rising from $50 million to $300 million, ENA is poised for continued growth. Key targets include $0.6770, $0.8210, and $1.0060, with support at $0.5130 for building positions. ENA benefits from strong marketing and development, with Arthur Hayes projecting a potential $10 valuation.