The price of SOL has taken a big leap and is almost 120% up in 60 days. Since SOL has once again sneak into the top 10, let's take a look why is Solana rallying bullying this time and could this bull rally carry on till Christmas or later in 2024.
Don't underestimate the come back power of useful cryptocurrencies. At one point when SOL crashed below $10, many people declared SOL to be at a dead end point. Those people were partially right since the majority of developers and community players went on a vacation. A vacation! Yes, they never left SOL and seems like they all are returning one by one.
Apart from getting the community on track, the Solana projected is evidently steering in the right direction. The launch of Beta Gameshift, a product by Solana labs that promises to unite blockchain with the immersive experience of web2 gameplay, is definitely giving a much needed push to SOL. Gameshift is an user ready API that would handle all the complexities of blockchain and web3 under it.