What Are the Current Focus Areas for Solana Builders?
Focus on Core Infrastructure: Developer activity in the Solana ecosystem is increasingly centered on building core infrastructure, such as oracles and cross-chain tools, rather than speculative applications, indicating a maturation phase focused on reliability and scalability.
Dominance of Oracle Services: Chainlink has emerged as a key project within Solana, highlighting the importance of oracle services for DeFi and data-dependent applications, with significant ongoing development efforts.
Interoperability and Staking Priorities: Developers are prioritizing projects that enhance asset movement and yield generation, with consistent contributions to cross-chain messaging tools and ongoing refinement of staking mechanics as network usage grows.
Selective DeFi Development: DeFi builders are focusing on established platforms and refining existing projects rather than broad experimentation, while smaller projects continue to contribute to the ecosystem, maintaining diversity amidst a concentration on core components.
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Technical Analysis for MET
Technical Sentiment Analysis for Meteora (MET) As of , Meteora (MET) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MET 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, MET 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 $-.
Meteora (MET) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0942 | 0.136 | 0.181 | 0.223 | 0.268 | 0.31 | 0.355 |
| Fibonacci | 0.136 | 0.169 | 0.189 | 0.223 | 0.256 | 0.276 | 0.31 |
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