Solana Actions allows developers to integrate blockchain functionalities directly into their apps while blinks turn any Action into a shareable link. This innovation permits any URL-displaying website to initiate Solana transactions potentially broadening the reach of decentralized applications.
Looking at technicals, the SOL price action has been noteworthy with recent movements forming a double-top pattern. The price found support at the neckline of this pattern closing bullish the last two consecutive days. This is theCan this suggest a potential strong pullback?
From its May 21st high of $188 SOL has experienced a 35% drop before finding support two days ago. This decline broke down from a wide bullish pennant on June 18th coinciding with broader crypto market selling momentum. Currently SOL is trading towards the broken bullish pennant support zone which has now turned into resistance.