Solana (SOL), known as the "Ethereum killer," is experiencing market volatility and has seen a mild retracement in price, despite its recent momentum. The price of SOL has dropped 4% in 24 hours to $208.29, but its trading volume has increased by 23.14%. Investors had anticipated SOL to continue on a bullish path, but it appears to be losing steam and experiencing wild fluctuations. Analysts speculate about the asset's future price, with some suggesting SOL could rebound to new heights in this bullish cycle. It remains to be seen if Solana can maintain its position in the $100 billion elite club of assets by market capitalization.
- Content Editor ( u.today )
- 2024-11-12
Has Solana (SOL) Hit Cycle Top? Sudden Reversal Spotted