SOLANA WEEKLY LINE CHART INSIGHT 2020-2026

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SOLANA WEEKLY LINE CHART INSIGHT 2020-2026SOL / TetherUSBINANCE:SOLUSDTShavyfxhubSOLANA take profit will complete its cycle at two layers. Layer 1 Demandfloor =24-30k zone based on the weekly structure Layer 2 Demandfloor =6-12$ zone based on the weekly structure The structure is bearish on weekly/daily/4hr chart. Odds in favor of bearish continuation. Bullish scenario will be on weekly break and close 95-100$ supply roof.invalidation becomes another bearish cycle. Ascending trendline A,B,C,D,E,F share similar trend angle a vital tool for market structure calibration/strategy. Revert to weekly line chart close to understand the beautiful side of trading structure,technically you should be trading what the chart give rather than anticipating the direction of liquidity. Nobody can guess the direction of market accurately,but the structure tells when is bearish or bullish on higher time frame. What is SOLANA? Solana is a high-performance, public blockchain platform designed for fast, secure, and low-cost decentralized applications (dApps), transactions, and digital assets.  Key Features • High Speed and Scalability: Solana is known for processing thousands of transactions per second (often 2,000–3,000+ TPS in practice), far outperforming many other blockchains like Ethereum. This makes it suitable for high-volume use cases.  • Low Costs: Transaction fees are typically fractions of a cent, enabling microtransactions, payments, and mass adoption.  • Native Cryptocurrency: SOL is the platform’s token. It’s used to pay for transaction fees, staking (to secure the network and earn rewards), and governance. SOL ranks among the top cryptocurrencies by market capitalization.  How It Works (Technical Highlights) Solana uses a unique combination of Proof of History (PoH) — a cryptographic clock that timestamps transactions efficiently — and Proof of Stake (PoS) for consensus. This allows validators to process transactions quickly without heavy communication overhead.  It supports smart contracts (similar to Ethereum) and is compatible with tools for building decentralized finance (DeFi), NFTs, gaming, memecoins, payments, and more.  History • Founded in 2017–2018 by software engineer Anatoly Yakovenko (former Qualcomm) and Raj Gokal. • The mainnet launched in March 2020 by Solana Labs, with the Solana Foundation overseeing development and grants. • It has grown rapidly, powering a large ecosystem of apps, though it has faced occasional network outages in the past.  Main Use Cases • DeFi (decentralized exchanges, lending, etc.) • NFTs and digital collectibles • Memecoins (Solana has been a major hub for viral tokens) • Payments and real-world assets (RWAs) • Gaming, AI agents, and decentralized physical infrastructure (DePIN)  In short, Solana aims to be a high-throughput “Layer 1” blockchain that makes crypto practical for everyday use and internet-scale applications. Like other blockchains, it’s volatile as an investment — always do your own research and note that this chart is just for insight into price action on higher time frame. #solana #solusdt