$SOL price surge is imminent, five factors help it reach $300!
Bitcoin hits a new high, SOL price also rises.
Will SOL price hit $300 soon? This is not groundless, let's look at it one by one.
1. Technical analysis master said Sol is about to usher in a "magic candle" surge. What is "magic candle"? It's a super big positive line! Now, SOL has broken through the key resistance level of $211. According to this momentum, $300 is just around the corner. And once it breaks through, $220 may become a new support level, laying a solid foundation for the next surge.
2. Sol's performance is much more eye-catching than ETH. In the past year, SOL has brought investors nearly twice the returns, while Ethereum has only increased by less than 40%. Everyone says that Solana is going to become a strong rival of Ethereum. Many institutions have also taken a fancy to the speed and scalability of the SOL network and have offered olive branches.
3. With the new president in office, the cryptocurrency market may be welcoming spring. Trump has a special liking for cryptocurrencies and has participated in BTC events. This means that the regulatory environment may be more friendly, and digital assets such as Sol can also get a share of the pie.
4. I heard that Sol spot ETF is about to be listed in the United States. This is big news. ETF allows investors to buy SOL like buying stocks, which will definitely attract more people to join, and it will be difficult for the price not to rise. Of course, this depends on the SEC's face, but if the new chairman is friendly to cryptocurrencies, the approval of SOL ETF will be more likely.
5. Robinhood has also re-listed Sol, which is a big boon for SOL. Robinhood is the base camp of retail investors. Re-listing means that retail investors can buy and sell SOL again. Once the demand comes up, how can the price not rise?
Recently, I plan to ambush a potential coin that is ready to explode. It is still very simple to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. The expected space is more than 10 times. There is no problem. If you want to follow up, like + leave a message and share for free.
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