Solana (SOL) hovered just above a closely watched ‘psychological support’ level on Tuesday ET, as traders defended the $70 mark amid signs of renewed ‘institutional demand’ and a string of ecosystem updates aimed at strengthening Solana’s positioning in payments and DeFi. According to CoinMarketCap data, Solana was trading at $71.03, down 1.31% over the past 24 hours, with about $2.40 billion in daily volume.
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