The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake ( PoS ) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. (Coinmarketcap)
Like a multitude of altcoins seem to be breaking a donward trendline of their corrections
With this being fundamentally seems perfect to buy for the next legs up if they come
Broke trend-line, no clean back test, so if market momentum isn't too great, bids in or just above that should be good
Key resitances highlighted with local fib of the play on LHS