SOL and Near Protocol Surge: Analysts Predict Continued Gains

The crypto market is in motion as two of the most famous cryptos, Solana (SOL) and Near (NEAR) are indicating positive growth. Leading crypto analysts have recently shared their opinions on these trends, which has captured the attention of investors and traders.

In a recent X post, CryptoTony, a renowned crypto analyst, pointed to Solana’s increasing uptrend. The analyst emphasized that Solana is still rising and plans to retest the $163 level as support. Tony noted that capturing this level is important for the sustainability of Solana’s bullish trend and further price appreciation in the coming days.

In the past 24 hours, the price of Solana (SOL) has surged to $160.63, marking a 2.32% increase within this period and a 12.60% rise over the past week. The 24-hour trading volume stands at $2,636,392,918, reflecting an increase in market activity and investor interest.

Meanwhile, NEAR is also making headlines with its notable performance. Analyst World of Charts recently highlighted Near’s progress, noting substantial profits since its breakout. On July 14, World of Charts predicted that Near would move steadily towards its targets, and the NEAR has shown significant progress.

In a recent X post, the analyst highlighted that since the breakout, Near has seen an impressive profit of nearly 8%, with the potential for further gains. The analyst pointed out that despite the gains, Near still has a long way to go before reaching its ultimate price targets.

As of press time, NEAR is trading at $6.10, reflecting a notable increase of 1.18% over the past 24 hours. This upward trend in value highlights growing investor interest and positive market sentiment towards NEAR Protocol.

Over the past week, NEAR has seen an impressive surge of 30.96%, signaling robust performance and substantial gains for holders. Accompanying this price movement is a significant 24-hour trading volume of $412,677,615, showcasing high liquidity and active trading activity in the market.

The recent updates of both Solana and Near could also be evidence that technical analysis and knowledge of the market are useful for finding profitable opportunities. In this regard, it would be important to track market changes and adjust to them if necessary.