Solana (SOL)'s price jump to $145 marked a two-year high, but it remains undervalued despite its impressive gains.

Technical indicators show that SOL still has further growth potential, with historical data indicating a possible increase following the current trend. The Price to Sales (PS) ratio shows that Solana is fundamentally undervalued, indicating significant growth potential in the future.

Despite SOL reaching recent highs, analysis shows that the value of this crypto asset is still below what it should be, providing a unique opportunity for investors amid indications of potential further growth.

The impressive rally in recent weeks shows that SOL has more room to grow. Even though SOL's increase in the last two weeks reached 45%, technical indicators such as the Relative Strength Index (RSI) signal the potential for continued growth. Historical trends show that SOL can experience a rise of up to 300% to 400% when entering the overbought zone.

While a 300% rise may be optimistic, clearing the $150 resistance could push SOL to reach $168, paving the way towards the $200 mark.

Despite the bullish sentiment surrounding SOL, it is important to note the need for a strong support floor to maintain its momentum. The psychological and technical support level at $150 is key, and failure to break it could see SOL return to $126. A drop below this level risks turning the bullish outlook into bearish, with a drop back to $100 possible.

In conclusion, Solana offers attractive prospects for investors looking for unexplored growth potential in the crypto market. With price action still not reflecting its true potential, SOL has the potential to rally further in the future.

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