Solana (SOL) Rebounds 6% After 53% Correction, Reclaims $130 Level

Solana (SOL), SUI, and Aerodrome Finance (AERO) have shown distinct trends in the last week of April, each presenting unique opportunities and challenges. Solana has experienced a significant rebound, climbing 6% and reclaiming the $130 level after a 53% correction between February 7 and April 7. This recovery has positioned Solana as one of the most important made in USA coins, trailing only XRP in visibility and market strength. The rebound has been further bolstered by Solana reclaiming the top spot in decentralized exchange (DEX) volume, recording $15.65 billion over the last week, outpacing Ethereum by nearly 50%. If this positive momentum continues, SOL could challenge resistance at $147, with potential gains toward $160 and $180. However, if the rally stalls, support at $124 becomes critical, as a drop below that level could push prices down to $112, risking the recent recovery.

The SUI ecosystem has gained notable traction over the past few days, driven by a surge in meme coin activity and a spike in decentralized exchange (DEX) usage. SUI reached $2.14 billion in DEX volume, placing it 6th among all chains and even surpassing Arbitrum’s daily volumes on several occasions. Despite the ecosystem buzz, SUI’s price has struggled to keep up with the momentum, dropping more than 9% over the last seven days. If the downtrend continues, it could test the key support at $2.02, with further downside toward $1.71 if that level breaks. On the flip side, a bullish reversal could send SUI toward resistance at $2.28, with potential upside toward $2.41, $2.54, and $2.83 if the rally gains strength.

Aerodrome Finance (AERO), the leading decentralized exchange focused on the Base chain, has generated $6.38 million in fees over the past 30 days, solidifying its position as the backbone of Base’s DeFi activity. Despite its dominance, AERO has been under pressure, falling over 10% in the last seven days and more than 20% in the last month. Base is pushing a new narrative centered around “Content Coins,” though some users argue they resemble meme coins more than a distinct innovation. Base’s DEX volume has dropped 21% in the past week, but if the “Content Coins” trend gains traction, it could reignite interest in the ecosystem—and in AERO. Should momentum return, AERO could climb to test resistance at $0.414, with potential upside toward $0.47 and $0.54 if the rally is strong. On the downside, if bearish pressure continues, support at $0.36 is key. A breakdown there could lead to further losses toward $0.34 and possibly $0.28, making the coming weeks critical for AERO’s direction.

In summary, the last week of April has seen Solana (SOL) rebound strongly, SUI gain ecosystem momentum despite price weakness, and Aerodrome Finance (AERO) face pressure as Base experiments with a new narrative. Each of these made in USA coins offers a unique setup to watch, with potential for further gains or corrections depending on market conditions and ecosystem developments. The coming weeks will be critical for these coins as they navigate the challenges and opportunities presented by the current market environment.