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At the time of publication, the price of SOL was $143.85, up 8.14% over the past seven days. Over the same period, the total value of USDC added to the blockchain was $250 million, which supports the idea of ​​​​meeting user needs.

In March, Circle said that one of its goals for the year was to increase the liquidity of Solana. So, recent actions prove that the company is staying true to its words.

In addition, there have been speculations that the Solana ETF could lead to an increase in the number of SOL holders. If so, the price of the token will increase.

This shift is also confirmed by the position of the supertrend on the daily chart. The Supertrend indicator is a technical indicator used to identify trends and generate buy or sell signals