🔥 Solana DEX Volume Hits Record High! Is $300 Next for SOL? 🚀
Solana is making waves, breaking records left and right! Let’s dive into what’s going on:
💰 DEX Volume Explosion: November has been huge for Solana! DEX volumes surpassed $100B, nearly double Ethereum’s $55B.
🔹 Daily trading hit an all-time high of $7.14B on Nov. 18.
🔹 Weekly volume? A whopping $41.6B by Nov. 17!
📈 SOL Price on Fire: Between Nov. 5 and Nov. 22, SOL surged 61.5%, hitting a new ATH at $263. Analysts are now eyeing $300 as the next target!
📊 Memecoin Frenzy Returns: Platforms like Pump.fun and Raydium are dominating with:
🔹 $250M+ in fees generated this month.
🔹 A user-friendly ecosystem that’s driving crazy levels of activity.
📈 Network Activity at All-Time High:
🔹 25M active addresses—a record!
🔹 Solana is now the dominant chain in terms of DEX volume, surpassing Ethereum by a huge margin.
🔮 What’s Next for SOL?
🔹 Technically, SOL’s charts point to further upside—$300 could be just around the corner.
🔹 RSI is at 70, suggesting slight overbought conditions, but the momentum is strong.
👇 Your Guess: Is SOL headed for $300, or are we due for a pullback? Let’s discuss!