Solana following Ethereum? ‘V-shaped’ chart pattern targets $300 SOL price
From cointelegraph.com
Solana’s native token SOL surged 70% between June 22 and Aug. 29, following the broader altcoin market rally that saw Ethereum hit new all-time highs above $4,950. However, SOL price failed to break above $220, causing it to drop toward below $200 on Sept. 1. It has since recovered 12% from these local lows, with onchain and technical data suggesting further gains. Can SOL follow Ether and hit all-time highs above $300 in the coming weeks? The total value locked (TVL) on the Solana blockchain has increased by over 57% to $12.27 billion on Tuesday from multimonth lows of $7.8 billion reached on June 23. Solana’s TVL ...
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