Coin-Turk 9 minutes ago
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After plummeting to its 2025 lows, Solana’s price has entered a recovery phase, increasing by 16%. This rebound follows the announcement that the Chicago Mercantile Exchange will launch Solana 
$149 futures on March 17. However, it is noted that this product is still pending approval from the CFTC.
Price Movements and Technical Indicators
Since February 24, Solana’s price has experienced continuous declines, with the RSI indicators entering the oversold territory. Technical analysis indicates a notable bullish signal forming in the price movements. During the same period, a failure was observed in the swing pattern on Bitcoin 
$85,118‘s daily chart.
Market participants emphasize the need to closely monitor technical levels and RSI signals. It i…
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