Why is SOL so popular? In the upcoming bull market, SOL may bring you unexpected surprises!
The charm of SOL is far more than being a public chain or a currency, it is also a prosperous ecosystem:
First, SOL has super fast interaction speed (more than 6,700 times per second) and low gas fees, which is the key to attracting a large number of users.
Secondly, the SOL Foundation is strong and has the support of many big capitals.
Furthermore, SOL's current liquidity is very good, and there are a large number of project parties issuing tokens on it, which almost accounts for the sum of other public chains.
Finally, the NFT market on the SOL chain is also developing rapidly, with sales increasing by more than 36% in the past week, which is likely to exceed ETH.
SOL technical pattern analysis:
SOL weekly and daily KDJ indicators have not broken 20~resistance to decline. The daily cycle is expected to see a secondary bottom divergence pattern. The price is around 121~115~100, respectively, and the target is around 150~198. The medium and long-term target is 300~350.
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