SOL pumps 7%, records highest daily close since FTX went down as Solana Breakpoint conference commences

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Solana (SOL) price is trading with a pronounced bullishness after completing its recovery rally during the October 21 trading session.

Solana price is up 7%, with a trading volume surge of 150% in the last 24 hours. With the surge, SOL tested the $35.33 level last tested days before FTX implosion. Solana Breakpoint conference begins on Monday as ecosystem developers come together on governance matters. An uptrend looks to be taking place for the self-proclaimed Ethereum-killer, steered by hype around a key event in its ecosystem.

2 million were moved to Binance and Coinbase exchanges by FTX exchanges, as part of the defunct exchange’s plan to liquidate its cryptocurrency holdings. Solana price forecast: SOL holders’ eyes peeled on Breakpoint event Solana price is up almost 7% in the last 24 hours, with technical indicators suggesting the altcoin’s upward potential is not yet exhausted. The price is testing the crucial resistance at $35.26, a level last seen a day before the implosion of Sam Bankman-Fried’s crypto empire.

 

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