CandleFocus Solana Price Prediction: SOL is eyeing $250
2024-11-02
Author: Content Editor
The price of Solana (SOL) is predicted to potentially rally towards $250. The cryptocurrency has seen strong on-chain growth and has broken out of a bullish flag pattern in November. Factors such as an increase in Total Value Locked (TVL) and a significant rise in new Solana addresses indicate growing confidence and demand for the token. With more users and capital joining the network, there is a favorable outlook for SOL's price to continue rising. The current price of Solana is $166.75, with a market cap of $78.14 billion and a market share of 3.30%.
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