🚀 Solana (SOL) is on the rise again, bouncing back to $227 after a dip to $204. Its market cap now exceeds $107 billion, echoing recoveries seen in Ripple (XRP) and Avalanche (AVAX).
🔍 Why the optimism?
- SOL tokens on exchanges dropped by 13%, signaling scarcity as investors move to self-custody or stake their tokens.
- Solana's network is thriving, handling $32.46 billion in trading volume, outpacing Ethereum.
- Bullish technical patterns suggest more gains ahead.
What are your thoughts on Solana's future? Share in the comments!