Can Solana Reach $1,000, or Is $190 More Realistic? 🤔
Analysts predict Solana's ($SOL ) price could reach $300 to $1,000, but network data suggests $190 is more realistic. After recent resistance at $150, some expect SOL to follow #Ethereum 's 2020 rally, though on-chain metrics show weakening activity, casting doubt on such high targets.
While $1,000 seems unlikely, SOL could hit $300, especially with potential #ETF approvals. Solana's growth has surpassed BNB Chain in total value locked (TVL), yet it appears overvalued compared to Ethereum's layer-2 tokens.
Despite strong project #growth , the competition may limit SOL's rise, making $190 a more achievable target.
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