Solana (SOL) price continues to maintain its gains as the bears remain in the cage. The purported Ethereum-killer (ETH) joined Bitcoin (BTC) price in
Solana price remains bullish after a 40% run north in October to confront the $30.24 resistance level. Amid waning buying pressure, SOL could retract 15% to flip the bullish breaker back to a supplier barrier at $24. The outlook remains plausible unless the altcoin breaks and closes above the $30.24 range high. Meanwhile, the largest DeFi protocol on Solana blockchain has shut its doors to UK users. the uptrend that began around October 13 to test the stiff resistance at $30.24.
Nevertheless, the withdrawliquidity function remains operational. They can also claim delayed tokens and delay unstaking through the network’s SDK. This is not the first time the tumultuous regulatory landscape in the UK has caused firms to turn their back on Albion’s shore. Among these other firms are Bybit and PayPal, both of which also exited the UK market for similar reasons. Binance is also not accepting new UK customers and exercising caution amid tough FCA regulations.
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