Subscribe to our Telegram channel

Cryptocurrency analysts predicted Solana’s token to grow by more than 300%

9:18 am, October 4, 2023

As the cryptocurrency market continues to move into the green zone, the Solana token (SOL) is also approaching an important milestone at $ 25.50, from where the digital asset could head to a yearly high of $ 36. However, some crypto analysts expect even greater growth.

According to Crutto Ton, the Ukrainian developer’s cryptocurrency can easily overcome the $ 25.50 resistance and then reach the $ 100 mark. Thus, the expert predicts SOL $183.26 Solana -1.78% Market capitalization $87.84 billion VOL. 24 hours $0.72 billion to grow by more than 300%.

Anatoliy Yakovenko’s digital asset grew by 13.6% on Monday to reach $ 24.27. As of the time of writing, on Wednesday, the token has dropped in value by 3.2% and is trading at $ 23.01.

Traders have executed $ 737 million worth of transactions with SOL in the past 24 hours. Over the past 7 days, the token has risen by 21.5%, over 14 days — by 15.4%, and over a month — by 16.8%. However, Solana is still trading at 90% less than its historical high.

Solana is on the list of tokens that could start a strong move to the top this week. According to experts, in the next few days, SOL may continue to grow to the next level of resistance at $ 25.55. Over the past day, the token gained 13.7% and 25.4% over the past week.

As a reminder, the list of tokens that may grow this week includes Injective (INJ) and Radicle (RAD). Over the past two weeks, INJ and SOL have managed to bounce back from key support levels, and RAD may leave the channel consolidation, where it has been for 14 days.

Subscribe to our Telegram channel

BTC

$95,978.35

-1.10%

ETH

$3,333.49

-1.09%

BNB

$675.02

1.19%

XRP

$2.21

-2.50%

SOL

$183.26

-1.78%

All courses
Subscribe to our
Telegram channel!
The latest news and reviews of the cryptocurrency markets of the last
day right in your messenger. We are waiting for you!
GO TO
Show more