Top crypto now: Solana jumps 7% on volume surge, targets $210 as market sentiment turns bullish
Solana (SOL) is among the day’s top-performing cryptocurrencies, posting a 7% gain in the last 24 hours to trade near $178.70. This price action comes as total crypto market capitalization returns above the $3.5 trillion mark — and SOL’s trading volume jumped over 70%, suggesting growing investor conviction.
This rally reflects a broader resurgence in Layer 1 narratives, as on-chain activity picks up and investors shift attention from speculative tokens to infrastructure-focused assets.
According to Glassnode, wallet activity on Solana is rising consistently, while the platform’s total value locked (TVL) climbed by 4.26%, reaching $9.53 billion — a positive signal of user and liquidity growth.
In the last week alone, over $123 million worth of SOL has been withdrawn from exchanges, indicating investors are moving to cold storage in anticipation of further price gains.
Technical Outlook for SOL
Market analyst Ali Martinez noted that SOL has been trading in a clear upward channel since May 12, targeting the $210 resistance zone as the next major breakout level.On the four-hour chart, Bollinger Bands are tightening, with SOL price hugging the upper band — a sign of sustained bullish momentum. Support lies near the 20-day SMA around $165, while immediate resistance sits between $190 and $210.
The RSI hovers in the mid-60s, with upside potential before reaching overbought territory. Meanwhile, a MACD bullish crossover appears imminent, reinforcing sentiment for a potential rally continuation.
Spotlight: As Layer 1 Demand Grows, Kaanch Network Gains Attention
As Solana surges, market observers are starting to explore next-generation infrastructure projects that deliver similar scalability — but with new primitives like identity, real-world asset tokenization, and DAO governance.One standout is Kaanch Network, a high-performance Layer 1 protocol currently in presale. It offers over 1.4 million transactions per second, sub-second finality, and 3600 validators, all designed to support the next wave of decentralized applications — from compliant DeFi to AI-driven dApps.
Kaanch Key Infrastructure Features:
- TPS: 1.4 Million
- 58M SUPPLY
Kaanch Token Presale and Tokenomics
With the infrastructure race heating up, Kaanch is gaining momentum. Currently in Stage 5, its token $KNCH is priced at $0.16, with the next phase set to double the price to $0.32.Over $1.12 million has already been raised, with support growing from developers, validators, and long-term crypto funds focused on regulatory-aligned networks.
Presale Highlights:
- Token Price: $0.16
Why Kaanch Is One to Watch
For investors tracking the evolution of Layer 1 blockchains, Kaanch represents a rare early-stage opportunity. While Solana continues to prove its strength in DeFi and NFTs, Kaanch is targeting the next big growth vectors: enterprise finance, compliance, identity, and cross-chain interoperability.As infrastructure plays come back into favor, Kaanch is emerging as a clear contender — combining real-world utility with developer-first performance.
Final Word
Kaanch Network is delivering what the next generation of blockchain applications require. It brings speed, scalability, identity, interoperability, and governance into a single system that is ready for global use.Whether you are an investor seeking early exposure or a builder looking for long-term infrastructure, Kaanch is the top crypto to watch now.
Presale is live. Infrastructure is functional. Team is public. The time to act is now.
This article was written in cooperation with Kaanch
