$SOL Hits $160: Key Reasons Behind the Surge
1. Increased investment in Solana meme coins is driving a sharp rise in $SOL.
2. The Solana network is seeing a surge in usage, creating the highest demand among blockchain networks.
3. A major rally in meme coins is expected in the coming days, likely surpassing the altcoin rally.
For those with larger portfolios, $SOL stands out as one of the most profitable assets to HODL during this bull run. Itâs advisable to build positions during corrections, but only in spot trading. Gains of 3x-5x are likely on the horizon.
From a technical perspective, it is currently testing the $160 resistance level. Once this level is flipped, the next target could be $180.
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