Solana (SOL) price is upholding a robust bullish outlook, trading at $191 on Monday, following a steady near 25% increase in July. The bullish picture has been reinforced by growing demand for the smart contracts token from both institutional and retail investors.
Solana’s (SOL) price showcases bullish potential, rising over 2% to trade at around $154 on Wednesday. The smart contract token's recovery follows a strong downtrend from highs of $187 in May to the support tested at $125 on June 22.
Solana (SOL) edges higher by over 1.50% at press time on Monday after three consecutive days of growth, signaling a recovery trend in motion. The rising optimism in the crypto market is due to the second round of US-China trade talks later in the day.