Sol
The Solana blockchain has witnessed tremendous growth in recent years. The blockchain already has many partners, which has increased the popularity of the ecosystem. Meanwhile, the price of Solana (SOL) is expected to establish support above the $200 mark. According to market statistics, while Solana previously reached the $200 mark in March, it then saw a significant retracement, causing the token to trade below the $190 mark.
However, Solana’s price is on an upward trend, growing by more than 42% in the last month. Currently, Solana is only 29% away from reaching its all-time peak. On its current trajectory, Solana’s price could reach a price point of $300 in April. With many tokens in the ecosystem gaining mass adoption, analysts believe that the SOL token price will reach $500 in 2024.
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