Solana Builds a Bullish Case to Reach $200-Here’s How it May Trigger a 20% Upswing to Reach $180 This Month

By: bitcoin ethereum news|2025/05/07 00:15:01
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In the past couple of years, the Solana price has displayed significant strength, recording 8 bullish months compared to 4 months of loss. The memecoin mania that broke out over the Solana network has kept the trading activity elevated. Besides, Axiom exchange surpasses Pumpfun to become the top revenue-generating protocol on Solana over the past 7 days. Moreover, Solana DApps accumulated more than $162 million in revenue in April, hinting towards a growing ecosystem. In the times when Solana has been outperforming every other chain in revenue generation for Q1 2025, will SOL price outpace the top tokens and demonstrate a mammoth price action in Q2 2025? Regardless of the short-term hindrances, the Solana price has been maintaining a strong bullish trend in the long term and flashing massive bullish signals. The price is trying hard to recover and enter the rising parallel channel that it had lost during the recent bearish action. Meanwhile, the weekly CMF, which dropped below 0 for the first time since 2023, has triggered a bullish divergence and is working hard to rise within the bullish range. On the other hand, the MACD is also supporting a bullish narrative, with the indicator showing a drop in the selling pressure and the levels heading towards a bullish crossover. Therefore, the Solana price is expected to consolidate around $145 for a while as the weekly volume has dropped significantly. Once the volume breaks out, the Solana price is expected to revive a strong upswing and enter the channel that may further help in achieving higher targets, probably at $200. Source: https://coinpedia.org/price-analysis/solana-builds-a-bullish-case-to-reach-200-heres-how-it-may-trigger-a-20-upswing-to-reach-180-this-month/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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