After The recent bullish rise of 30%, Solana climbed above $110 this week and most analysts are predicting a sharp rise to $140. The surge of SOL is not only proof of its resilience, but also speaks to the revival of the entire crypto market. Continued ecosystem development initiatives provide a positive outlook for Solana in the coming weeks.
Solana Bullish Predictions
Solana has grown at a rapid pace since October 2023. This rally culminated in a December 2023 high of $126. After almost two months of decline, SOL found its footing and launched a new bullish move, strengthening by 30%. The token is now approaching its 2023 high, just below critical long-term horizontal and Fibonacci levels.