Solana (SOL) recently reached an all-time high of $294.33 but has since experienced a decline in price due to fading hype around meme coins on the Solana network. However, SOL appears to be rebounding and is currently trading at $240.60, down 6.11% in the last 24 hours. Market analysts believe that Solana can stage a comeback, especially if there is increased interest or confidence in the coin. Key price levels to watch in Solana's rebound journey include $247.34, $252.83, and $269.99. Additionally, experts have called for improvements to Solana's network infrastructure to handle high-volume transactions. Despite congestion issues, Solana has been the best-performing altcoin recently, which has boosted investor confidence.



Other News from Today