#Solana's Expected Trading Range Between $50 and $60 in December.
_#Solana bulls seemed poised for another push beyond $60, yet uncertainty lingered about the potential southward movement of prices.
The trajectory of Solana's price action indicates a promising outlook, with bulls poised to surpass the $60 mark. However, the potential for a southward shift remains uncertain.
Solana, represented by the ticker symbol SOL, exhibits a robust bullish trend on the price chart. The recent revelation of the USD Coin (USDC) monthly transfer volume exceeding $70 billion has only bolstered the positive sentiment surrounding this blockchain platform.
After a year-long period of trading within the $10-$26 range, Solana successfully broke out, achieving remarkable gains for a large-cap asset. Between October 20th and November 16th, SOL experienced a noteworthy surge of 148%, soaring from $27.5 to a peak of $68.2. Despite this impressive run, the momentum might experience a temporary pause over the next month or two.
$SOL
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