The recent weekend saw a significant drop in Solana's (SOL) price, hitting levels close to $121. Despite this, a spike in trading volume exceeding $3 billion was observed.
The overall crypto market witnessed a volume surge nearing $100 billion, which triggered a notable pullback. This pullback was anticipated to bring Solana's price into the major support zone between $125 and $120.
The ability of SOL to hold above the crucial support level is being viewed as a potential indication of a sustained bull run for the cryptocurrency.
