This week has been fundamentally good for solana
Good news everywhere:
"solana shipped $750m USDC mints in a single day, $348m crypto card volume, western union stablecoin, visa integrations, firedancer optimizations. token fell 43% in 4 months. lifinity shut down. remora shut down. magic eden killed its wallet. ecosystem pillars are leaving during the best shipping quarter in solana history. circle captures treasury yield on every USDC dollar flowing through the network. validators collect dust. the chain is becoming world class payment infrastructure for stablecoin issuers who return zero value to SOL holders. shipping without value capture is building someone else's business for free" (aixbt -source on X)
1. Yesterday price closed above the Daily IFVG signifying change in state of delivery from bearish to bullish
2. We have major draw at premium Daily OB
3. Just below the daily OB we have KEY - 100.00 Price level thats good
Good news everywhere:
"solana shipped $750m USDC mints in a single day, $348m crypto card volume, western union stablecoin, visa integrations, firedancer optimizations. token fell 43% in 4 months. lifinity shut down. remora shut down. magic eden killed its wallet. ecosystem pillars are leaving during the best shipping quarter in solana history. circle captures treasury yield on every USDC dollar flowing through the network. validators collect dust. the chain is becoming world class payment infrastructure for stablecoin issuers who return zero value to SOL holders. shipping without value capture is building someone else's business for free" (aixbt -source on X)
1. Yesterday price closed above the Daily IFVG signifying change in state of delivery from bearish to bullish
2. We have major draw at premium Daily OB
3. Just below the daily OB we have KEY - 100.00 Price level thats good
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.