本文不包含投资建议或建议。每个投资和贸易举动都涉及风险,读者应进行自己的研究
Solana’s (SOL) rally continues as its price gains over 20% against Ether (ETH) over the last seven days, and one trader is eyeing a potential breakout to $300, which would mark new all-time highs.Sol/ETH ratio hits highest weekly closeThe SOL/ETH ratio, which reflects the value of Solana in Ether, rose to 0.080 on April 13, marking the highest weekly close ever, according to data from CoinTelegraph Markets Pro and Binance.The SOL/ETH trading pair has been forming higher highs on the daily chart since April 4, suggesting an uptrend is underway.SOL/ETH daily chart. Chart: TradingViewThe gains in the SOL/ETH pair follow a bullish week for Solana, which has seen an increase of 35% over the last seven days, against a 13% increase in ETH price over the same time period. “The SOL/ETH chart has just flashed a sign of strength,” said pseudonymous trader Bitcoinsensus in an April 14 post on X, adding:
Solana's (SOL) rally continues as its price gains over 20% against Ether (ETH) over the last seven days, and one trader is eyeing a potential breakout to $300, which would mark new all-time highs.Sol/ETH ratio hits highest weekly closeThe SOL/ETH ratio, which reflects the value of Solana in Ether, rose to 0.080 on April 13, marking the highest weekly close ever, according to data from CoinTelegraph Markets Pro and自4月4日以来,SOL/ETH交易对一直在每日图表上形成更高的高点,这表明正在进行上升趋势。SOL/ETH每日图表。图表:TradingView The Sol/Eth对的收益跟随Solana的看涨周,在过去的七天中增长了35%,而同一时期的ETH价格上涨了13%。 “ SOL/ETH图表刚刚闪烁了力量的迹象,” Pseudomon Trader Bitcoinsensus在4月14日的X上发表的帖子中说:
Previously, the SOL/ETH ratio reached as high as 0.093 in January during a rally in crypto prices fueled by US President Donald Trump’s inauguration, which saw the price briefly notch a new all-time high of $295.Can Solana price reach $300 in April?Popular crypto trader BitBull shared a CME futures chart on X that suggests SOL price could break out toward the $300 mark next.The trader cited Ether’s price consolidation around $2,000 on the CME chart before breaking out to all-time highs in 2021. “SOL is now showing a similar structure on the CME futures chart” as it trades with the $120 and $130 range, BitBull pointed out, adding that SOL could follow a similar breakout to all-time highs above $300.“Just like Ethereum's run in 2021, Solana is setting up for a massive move in 2025.”SOL CME Futures chart vs. ETH CME futures chart. Chart: BitBullRelated: Fartcoin rallies 104% in a week — Will Solana (SOL) price catch up?Chart technicals aside, several onchain metrics suggest that SOL’s path to new all-time highs faces significant hurdles.For instance, Solana’s network fees dropped more than 97% to $898,235 million on April 14, compared to $35.5 million on Jan. 20.Solana network daily transaction fees, USD. Chart: DefiLlamaThe decline in Solana fees aligns with reduced trading activity on Raydium, Pump.fun, and Orca. At the same time, fees have stayed unchanged since mid-February on other decentralized applications, such as Jito, Moonshot.money, Meteora and Photon. Similarly, the daily DEX volumes on Solana decreased to $2.17 billion on April 14, 93% below its Jan. 20 peak of $35.9 billion. Solana weekly DEX volumes, USD. Chart: DefiLlamaTherefore, SOL’s journey toward new all-time highs will be a difficult challenge unless there is a notable increase in network activity. SOL’s price is up 3% during the past 24 hours to $133 and 54.5% below its Jan. 19 all-time record. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Previously, the SOL/ETH ratio reached as high as 0.093 in January during a rally in crypto prices fueled by US President Donald Trump's inauguration, which saw the price briefly notch a new all-time high of $295.Can Solana price reach $300 in April?Popular crypto trader BitBull shared a CME futures chart on X that suggests SOL price could break out toward the $300 mark next.The trader cited Ether's price合并在CME图表上约为2,000美元,然后在2021年突破到历史最高点。“现在在CME期货图表上显示出类似的结构”,因为它以120美元和130美元的价格进行了交易,Bitbull指出,SOL可以遵循与Ethereum的300美元相似的速度。 CME期货图与ETH CME期货图表。图表:BitBullsied:Fartcoin一周中有104% - Solana(sol)价格会赶上吗?除了图表技术上,几个OnChain指标表明,Sol的新历史最高水平的途径是巨大的障碍。例如,Solana的网络费用在4月14日的3月14日延误了97%至898,235亿美元,与JAN 3.250万美元相比,索拉纳的网络费用超过8982.25亿美元。图表:SOLANA费用的降低与Raydium,Pump.Fun和Orca的交易活动减少相一致。同时,自2月中旬以来,费用一直保持不变。同样,Solana的每日DEX量下降到4月14日的21.7亿美元,比1月20日峰值359亿美元的峰值低93%。 Solana Weekly Dex卷,美元。图表:除非网络活动有明显的增加,否则SOL朝着新的历史最高高潮的旅程将是一个艰难的挑战。在过去的24小时内,索尔的价格上涨了3%,至133美元,比1月19日的历史记录低54.5%。本文不包含投资建议或建议。每个投资和交易举动都涉及风险,读者在做出决定时应进行自己的研究。