Solana Price Shows Strong Trends

On April 1, Solana’s price peaked at $202, an impressive high that pushed its market cap to over $75 billion. However, as expected, Solana did not maintain this high for long, and has since consolidated to lower levels.

Furthermore, despite Solana experiencing multiple fluctuations throughout the year, its price never lost bullish sentiment. Solana in particular is up over 500% year-to-date and closed last month with a gain of 10.19%.

This positive momentum, including a recent 40% increase in its network transaction volume, could indicate that Solana’s price will continue to recover to levels above this year’s highest price. Overall, Solana is currently positioned as a top DeFi token.

TON is recovering after its last glory

Shortly after the arrest of Toncoin co-founder Pavel Durov, the Toncoin token saw a small drop in price, which then triggered a series of fluctuations and price declines. Toncoin price fell from its highest price so far this year at over $8 to a weekly range of $5.16 to $5.83.

However, the bullish sentiment on Toncoin token remains as experts believe that the coin is likely to experience a huge recovery as it has gained nearly 10% in the past month.

Currently, Toncoin is seeing a surge in network activity with a gain of 25.44%. Despite an 11% drop this week, Toncoin is still likely to bounce back in the next price recovery.