$SXP
Today, Solar (SXP) is experiencing a notable upswing in the crypto market. As of now, SXP has seen a 19.65% increase in value over the past 24 hours, currently trading at approximately $0.31. Its recent surge highlights strong growth momentum, reaching a high of $0.3557 within the day. This rise aligns with broader positive sentiment in the Layer 1 and Layer 2 blockchain sectors. Key support levels for SXP are around $0.2915, with resistance at $0.3557 and higher levels if the momentum sustains.
In the long term, SXP is backed by its involvement in the Solar blockchain ecosystem, which emphasizes decentralized finance (DeFi) and blockchain-based payment solutions. Some projections suggest gradual growth, with SXP potentially reaching $0.41.