- Solayer led the market with an increase of 12%, better than BTC, ETH and Major Altcoins.
- Exchanges saw $ 22.5 million in low outflow in 24 hours, which indicates possible accumulation.
Solayer [LAYER] Get headlines in the cryptocurrency room with its impressive performance despite the constant Bearish market sentiment.
On May 4, while large cryptocurrencies such as Bitcoin [BTC] and Ethereum [ETH] Struggled to win Momentum, low rose a remarkable 12%, at the top of the cryptomarket.
Since April 2025, it has actively sustained a remarkable increase of 115%, with a ruthless upward impulse in low and strengthening investor zeal.
Low price jumps as the volume explodes
At the time of the pressure, Layer was exchanged on the day of $ 3.25 – on the day of 12%. More impressive, the trade volume of 24 hours fell 135% compared to the previous session.
This increase in the price of the active, together with the increase in trade volume, indicates a strong bullish momentum.
While the layer climbed, most large CAP assets fell.
According to Mint market capBTC fell 0.78%, ETH decreased 0.25%, Solana [SOL] fell 1.56%and wrinkle [XRP] Slips 0.43%.
Source: Coinmarketcap
Strong bullish on-chain statistics
This bullish trend in the active continues to attract traders and investors, as reported by the on-chain analysis company Coinglass.
Data from Spot -entry/outflow showed that despite the constant upward momentum in the price of Solayer, fairs around the world have seen continuous outflow, which indicates potential accumulation.
Coinglass -data showed that $ 22.5 million flowed out of centralized trade fairs in the last 24 hours of the mentioned tokens.
Source: Coinglass
Such outsourcing in the midst of the current Beerarish Market sentiment flash a bullish signal and can lead to increased purchasing pressure and a further upward rally in the price of the asset.
Traders have faith in the long side
In addition, traders leaned on the Derivatenmarkt Bullish.
From writing, the Solayer Long/Short Ratio was 1.22, which indicates a strong bullish sentiment among traders. This metric revealed that 55.04% of traders bet on the long side, while 44.96% gambled on the short side.
Source: Coinglass
From the moment of the press, large liquidation levels were at $ 3,102 (support) and $ 3.35 (resistance), marking areas of increased leverage and potential volatility.
Solayer price promotion & key levels
According to the technical analysis of Ambcrypto, Layer seems to continue his upward momentum because of his bullish price action.
At the four -hour period, the Activum recently broke from a bullish flag and pile pattern and started with a persistent rally, which has reached his all time.
Source: TradingView
That said, if the present momentum persists, Layer could climb another 45% in the coming days based on earlier breakout behavior and historical upward extensions.
Looking at the price action and on-chain statistics, it seems that bulls actively dominate it and there is a strong possibility that it could continue its upward momentum in the coming days.