A brief discussion about SOL,
It has recently surged too much!!!
What’s behind this rise? This episode will reveal it
From the beginning of this year to now, the growth is jaw-dropping, and many friends must have made a fortune from it.
What makes it stand out so much?
I analyzed the following points (personal opinion)
First, its fundamentals are quite strong.
DeFi (and the Solana ecosystem) has been continuously growing, which has laid a solid foundation.
Additionally, the expectations for ETFs and positive news on regulation have led to more capital flowing in, causing the price to rise naturally.
Another point is that its technology is very resilient! Especially the Firedancer validator and the upcoming Runtime v2, which greatly enhance the network's scalability, making transaction processing faster and more efficient, this is also one of its advantages.
Importantly, it has received support from many major institutions and enterprises.
For example, industry giants like Visa have chosen it as the infrastructure for stablecoin payments, which has significantly increased its credibility.
From a technical perspective, Solana's trend is also heading upward, and market sentiment is quite bullish. Everyone believes SOL can continue to rise this year, possibly reaching 190 USD! We can look forward to it.
All the above analyses are sufficient to prove one point: Solana’s recent rise is not a coincidence; it’s the result of various factors at play.
Solid fundamentals, continuous technological innovation, and backing from major institutions, the future growth potential is truly promising.
For those who missed the early opportunities, it’s not too late to pay attention to Solana now; it can be regarded as a long-term promising project!
Alright, I’m done. Follow me for daily updates on market analysis and technical sharing, let’s seize the opportunities in the bull market together!
