Jupiter DEX on Solana Unveils Ultra v3 Featuring 100x Faster Routing and 34x Enhanced Security
Ultra v3 Launch: Jupiter has launched Ultra v3, a decentralized exchange aggregator on Solana, featuring an advanced trading engine that enhances trade execution, reduces slippage, and allows gasless transactions.
Advanced Features: The upgrade includes a new router called Iris, improved routing algorithms, a Real-Time Slippage Estimator, and gasless support, significantly increasing performance and security while minimizing transaction costs and risks associated with MEV practices.
Market Impact: Solana's native token, SOL, is currently trading around $185, showing a 3.6% daily gain, with analysts suggesting that a breakout above $191 could indicate bullish momentum towards $210.
Ecosystem Recovery: Sustained buying activity around current levels is expected to bolster confidence in the broader recovery of Solana's ecosystem.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.913 | 41.706 | 67.263 | 93.056 | 118.613 | 144.406 | 169.963 |
| Fibonacci | 41.706 | 61.322 | 73.441 | 93.056 | 112.672 | 124.791 | 144.406 |
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