🚀 Solana Price History: Why the $190 Level Is Crucial for SOL’s Next Move


Recently, the top altcoins, such as Ethereum, BNB, and Solana, have demonstrated remarkable performance. Notably, Solana has shown a seven-day change of 7.5%. The performance of altcoins, especially Solana, has captured the attention of many. A cryptocurrency investor, identified as Altcoin Sherpa on X, has openly expressed his optimistic view about the future of Solana in his latest X post. If you are a Solana enthusiast, you won’t want to miss this!

🔸 What Experts Think About Solana

Altcoin Sherpa’s post primarily expresses what he thinks about the future of Solana. From the way the post portrays the potential future of Solana, it is clear that the crypto expert is very confident about the future of this altcoin. The post highlights the exceptional retail experience Solana offers. Meanwhile, it is evident that he does not want his post to sound exaggerated, as the post mentions that he is uncertain if Solana will see significant buying activity.

He concludes the post declaring that he holds the digital asset long-term – perhaps an indirect way to encourage people to consider this asset when they think about a long-term cryptocurrency investment.

💬 #SOL still looks ok to me; to be determined if it's going to be bid up heavily and lead. I think that it's still prob the best retail experience. I dont really trade SOL too much and just hold it — Altcoin Sherpa

🔸 Solana Price Momentum: A General Analysis

At the start of the year, the Solana price was at $101.91. Between February 24 and March 17, the market experienced a sharp upward surge, lifting the price from under $99 to above $200. On April 1, a massive downtrend hit the market, pulling the price to a low of $126. Though between May 1 and May 20 and between July 5 and July 28, the market attempted to take the price as high as its yearly peak, it could not break the crucial level of $190 on both these occasions.