The price of the Solana currency (Solana-SOL) witnessed a noticeable increase by 2.2% during the last 24 hours amid increases that included the majority of the sector’s assets, and one analyst had expected it to go through a new wave of increases that would push it to reach unprecedented high levels, with an expected doubling of its value by 450%. These expectations come as the value of the Solana coin continues its rise after growing by 10.43% compared to yesterday, Tuesday, in line with the wave of rises that included other prominent alternative currencies.
It is noteworthy that Solana's gains came to compensate for its losses during recent weeks, with the percentage of its monthly gains now reaching 7.75%, amid a renewed atmosphere of optimism and the return of traders' keen interest in this currency. This is not evidenced by the increase in its trading volumes during the last 24 hours by more than 38.17% to reach $2.79 billion. .