- Solayer has led the market with a 12% surge, BTC, ETH and major altcoins.
- The exchange has shown $ 22.5 million leaks for 24 hours and sent a signal to announce the accumulation.
Solayer (Layer) is making a headline with impressive performance despite the weak market sentiment in Cryptocurrency Space.
On May 4, major cryptocurrencies such as Bitcoin (BTC) and Ethereum (Ethereum) struggled to obtain momentum, but the floors surged to 12%to told the encryption market.
Since April 2025, assets have been rapidly surge in assets, showing the constant upward momentum of the class and strengthening investors’ enthusiasm.
As the hierarchy explodes, the price of floor increases.
The layer is close to $ 3.25 in the press time -12%is 12%. More impressive, the 24 -hour trading volume surged 135%compared to the previous session.
With the increase in trading volume, the surge in asset prices represents a strong optimistic momentum.
While the class went up, most large assets fell.
According to CoinmarketCap, BTC fell 0.78%, ETH slide 0.25%, Solana (SOL) 1.56%and Ripple (XRP) 0.43%.
Source: Coinmarketcap
Strong optimistic chain indicator
As reported by CoingLass, a whole chain analysis company, this strong trend of assets continues to attract traders and investors.
According to the data of the spot inflow/leakage, despite the continuous increase in the price of Solayer, the world’s exchange has continued to leak, which represents potential accumulation.
According to CoingLass data, $ 22.5 million tokens have flowed from the centralized exchange over the last 24 hours.
Source: COINGLASS
In the current weak market sentiment, these leaks can show optimistic signals, increase the purchase pressure and lead to an additional rally of asset prices.
Merchants have confidence in the long term
In addition, merchants in the derivatives market were optimistic.
At the time of writing, the Solayer Long/Short ratio was standing at 1.22 and showed strong strong feelings among merchants. The metrics showed that 55.04%of the trader bet on the long side, while 44.96%bet on the short surface.
Source: COINGLASS
As of the Prestation, the main liquidation level stands at $ 3.102 (support) and $ 3.35 (resistance), showing the area of potential volatility.
Solayer price behavior and key level
According to AMBCRYPTO’s technical analysis, the layer seems to keep the upward momentum due to optimistic price behavior.
For four hours, assets have recently broke out from optimistic flags and pole patterns, and have continued to rally and reached a record high.
Source: TradingView
However, if the momentum continues, the floor said that the floors can increase 45%further due to pre -brake out movements and historical rise.
Looking at the price behavior and chain indicators, the bulls dominate the assets and are likely to continue the upward momentum.