Can solana target $300 level?
Solana (SOL) has had a slightly disappointing month despite its strong yearly earnings, and its recent decline could be partly attributed to the temporary weakness of the meme coin sector, which is the main source of activity on this layer-one blockchain, as some took profits following the post-election bull run. Similar to the performance of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), the price of SOL, the native token of the Solana blockchain, has fallen by 15.3% in the last 30 days.