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The stock price of Solana is $226.59, with a 24-hour trading volume of $3.65 billion, still a major player in the blockchain space. Although its recent 24-hour growth rate is only 0.27%, the strong ecosystem and ongoing development of SOL ensure that both institutional and individual investors remain vigilant. Solana's network scalability and its dominance in the NFT industry indicate that this token has significant room for growth. Experts set a short-term profit point at $250 and suggest a long-term target of $300. Holding SOL until it breaks through $300 could yield substantial returns, especially considering that the broader market is trending positively.
Carefully timing the profit-taking for Solana (SOL), Ripple (XRP), and Rexas Finance (RXS) can not only avoid losses but also ensure considerable profits. By tracking key resistance points (RXS at $0.30 and $1, XRP at $3, SOL at $3), ideal starting points can be identified. Checking the market trading volume is equally crucial, as a surge in volume often indicates good momentum, while a decline in volume during a rebound may signal an impending correction.
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